Real Estate Challenges Impact Sweden and Alecta
Posted on 10/10/2023
Sweden’s real estate market has been suffering since the Riksbank tightened monetary policy. Curiously, these effects have not impacted the market in the U.S. as yet, likely due to the prevalence of government-sponsored mortgages and homeowners who locked in low rates. However, Sweden has lost international confidence in the market as the government rushed to…