“Financial rules push up rents”

Adriana de La Peña Espinosa Commentary housing, inequality, Sweden

Professor Stig Westerdahl published a critique about the Swedish housing system’s calculation techniques and accounting rules in a debate article in SvD.

A complex web of calculation techniques and accounting rules leads to excessive renovations and large rent increases in the suburbs. Losers will be the low-income earners.

In his article, Stig Westerdahl calls for action and commitment from the Minister of Housing and proposes three initiatives:

1- Abandon the requirements of businesslikeness for Swedish public benefit.

2- Ensure the statutory housing responsibility.

3- Renovate for the residents – not to raise rents.

To access the article, go here.