A woman walks past a housing block in the Husby suburb of Stockholm, Sweden, in this April 7, 2014 file picture. REUTERS/Ints Kalnins/Files
STOCKHOLM: Despite its robust economic growth, Sweden is facing a housing shortage that affects rich and poor alike; immigrants are sometimes living five to a room and employees in the booming tech sector have also struggled to find suitable accommodation.
A housing shortage has sharply pushed up property prices in Sweden as well as in Norway and inflated Nordic household debt to the highest levels in the OECD. There are fears that a housing bubble could endanger financial stability in the region.
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