Sweden faces housing crunch despite government building plan


  • World
  • Sunday, 03 Jul 2016

People walk past apartment blocks in Stockholm, Sweden April 8, 2014. REUTERS/Ints Kalnins/File Photo

STOCKHOLM (Reuters) - It is one of Swedish centre-left Prime Minister Stefan Lofven's signature policies - building 700,000 homes in a decade to ease a shortage of dwellings that has business worried about attracting employees and policy makers fearing a property bubble.

But Lofven's plans may be pie in the sky, industry officials and analysts say.

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