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Business

Swedish property prices triple

Published: 24 Aug 2014 - 10:43 pm | Last Updated: 21 Jan 2022 - 12:27 pm

Apartment blocks in Stockholm. Four out of 10 borrowers in Sweden are not paying off their debt and on average it takes Swedes nearly a century for those who are paying off principal to clear their mortgage debt. Swedish property prices have nearly tripled in just two decades.