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Living in Sweden

Owner gives house away
Property

Owner gives house away

A house in one of Stockholm's most expensive areas is being given away on the internet by its owner. There's only one catch - the buyer will have to remove the house and rebuild it somewhere else.
Swedes remain opposed to euro
Money

Swedes remain opposed to euro

While Denmark is planning a new referendum over whether to join the euro zone, a new survey has shown that more than half of Swedes would vote ‘no’ if a similar referendum took place in Sweden today.
Renters set to win in 2008
Property

Renters set to win in 2008

Retired people in Sweden will see a further deterioration in their finances next year, while families with children and people living in rented property will count among the winners, according to a new report.
Profits fall at SBAB
Property

Profits fall at SBAB

Swedish state-owned mortgage lender SBAB saw operating profits fall sharply in the first nine months of 2007. The value of the company's bond portfolio fell sharply following the instability on the credit markets earlier in the autumn.
Sick drivers blamed for accidents
Driving

Sick drivers blamed for accidents

Some 80,000 people each year are told by doctors that illness makes them unsuitable to drive. Despite this, many of them continue to drive, not fully aware of their illness. Doctors are often uncertain as to how to report unsuitable drivers.
Flat owners 'lose out in budget'
Property

Flat owners 'lose out in budget'

Apartment owners in Stockholm are set to be the big losers in the government's new budget, unveiled last week. This is according to new calculations made by HSB, one of Sweden's biggest landlords.
New guarantees for first-time buyers
Property

New guarantees for first-time buyers

Banks who give mortgages to first-time home buyers will in future be able to get government credit guarantees, according to plans announced by Finance Markets Minister Mats Odell on Thursday.
Swedish house prices continue to rise
Property

Swedish house prices continue to rise

The average Swedish house has increased in value by 9 percent in the last twelve months. In the last quarter alone the average increase across the country was 4 percent, according to Statistics Sweden (Statistiska centralbyrån, SCB).
One in five Swedes 'is a millionaire'
Money

One in five Swedes 'is a millionaire'

Sweden is awash with millionaires, thanks to rising house prices and solid stock market performance. That's the conclusion of a survey presented on Wednesday by Statistics Sweden, which revealed that one in five Swedes over the age of 20 is a 'kronor millionaire' when total assests and debts are considered.