Stockholm illustrates growing wealth divide
Published: 09 May 2011 09:32 GMT+02:00
Updated: 09 May 2011 09:32 GMT+02:00
- Housing scam targets Swedish college students (02 May 11)
- Stockholmers pay half of Sweden's taxes: study (18 Apr 11)
- Riksbank rejects Swedish housing bubble fears (05 Apr 11)
In addition, 21 of the 100 poorest areas are also located in and around the Swedish capital.
The income difference between the poorest and wealthiest areas has also increased.
In the 100 postal codes where people earned the most in 2009, monthly incomes averaged 22,000 ($3,500) kronor more than they were ten years ago.
Meanwhile, monthly incomes only increased by an average of 2,000 kronor in Sweden's 100 poorest areas during the same time period.
"Firstly, societal divisions have increased. That leads to an increase in housing segregation," Bo Malmberg, a professor of cultural geography at Stockholm University, told SR.
"Where you see this most clearly is in the big cities like Stockolm; that's where the high earners go. And the reason is that it's here where the market is largest and you can earn really big money."
According to Malmberg, the rich have a "strong tendency to stick together", leading them to live in the midst of other wealthy residents.
Twenty of Sweden's 100 wealthiest postal codes can be found in the Stockholm suburb of Bromma where most residents between 30 and 64-years-old earn around 50,000 kronor per month.
According to Bromma estate agent Mikael All, it's "not possible" to buy a family home for less than 9 million kronor.