Sweden’s Decades-Long Failure to Integrate
bloomberg.com
Sweden’s Decades-Long Failure to Integrate
1–10 of 12 posts
Re: Sweden’s Decades-Long Failure to Integrate
#2> People settled in them for the ethnic support networks, learned the language, got better jobs and moved out in a few years, always replaced by more immigrants.
>Now, people get stuck. Everyone I talked to named the Swedish real estate market as the reason. It’s almost impossible to rent an apartment in Stockholm or other big urban centers, and few can afford to buy one. Swedish housing prices were up 44 percent last year compared with 2012, and they’ve almost tripled since 2000.
To me this is one of the most interesting parts. How can politicians let home prices triple?
Re: Sweden’s Decades-Long Failure to Integrate
#3[deleted]
Re: Sweden’s Decades-Long Failure to Integrate
#4> People settled in them for the ethnic support networks, learned the language, got better jobs and moved out in a few years, always replaced by more immigrants. >Now, people get stuck. Everyone I talked to named the Swedish real estate market as the reason. It’s almost impossible to rent an apartment in Stockholm or other big urban centers, and few can afford to buy one. Swedish housing prices were up 44 percent las…
Well, interest rates have been very low for a long time, so renting money to buy an apartment was basically free. The politicians couldn't do much about that, but recently they introduced mandatory mortgage repayments. Not sure if it has had much of an impact though.
There are far too few rental apartments available, I guess because economic liberalism has dominated in Sweden in recent decades. Buying an apartment made far more economic sense anyway, If you had the means.
Re: Sweden’s Decades-Long Failure to Integrate
#5> People settled in them for the ethnic support networks, learned the language, got better jobs and moved out in a few years, always replaced by more immigrants. >Now, people get stuck. Everyone I talked to named the Swedish real estate market as the reason. It’s almost impossible to rent an apartment in Stockholm or other big urban centers, and few can afford to buy one. Swedish housing prices were up 44 percent las…
I think this is a question that needs to be asked around the world. This is happening everywhere.
Re: Sweden’s Decades-Long Failure to Integrate
#6> People settled in them for the ethnic support networks, learned the language, got better jobs and moved out in a few years, always replaced by more immigrants. >Now, people get stuck. Everyone I talked to named the Swedish real estate market as the reason. It’s almost impossible to rent an apartment in Stockholm or other big urban centers, and few can afford to buy one. Swedish housing prices were up 44 percent las…
Sweden is a place with large amount of land and a sparse population. Home prices has not tripled overall in Sweden.
Those 23 regions are all districts of cities. When we talk about people moving out of those area, we are talking about people wanting to move from one part of a city to a richer part of the city. It is relevant from a integration perspective, but it is a rather important distinction. If people want jobs and cheap housing all a person need to sacrifice is the willingness to move to any of the smaller towns. A fact very easy verified by looking at the government department for labor which list job offerings. From construction worker, health care worker, to IT professional, I would claim that being flexible in where you want to live is the most important aspect (and the government will usually pay the moving costs).
Re: Sweden’s Decades-Long Failure to Integrate
#7Stop cry Bloomberg, everyone loves Sweden. That's just the way it is.
Re: Sweden’s Decades-Long Failure to Integrate
#8Integrating low educated people who don't speak the language is hard in a modern economy. Being a nurse is considered the low end of the jobs market and that is a 4 year course.
Looking at immigration with American eyes doesn't work: there is no need for manual labour in European countries. What Europe wants is highly educated immigrants who speak English. What Europe gets is immigrants who are trapped in social welfare and public housing.
Re: Sweden’s Decades-Long Failure to Integrate
#9> People settled in them for the ethnic support networks, learned the language, got better jobs and moved out in a few years, always replaced by more immigrants. >Now, people get stuck. Everyone I talked to named the Swedish real estate market as the reason. It’s almost impossible to rent an apartment in Stockholm or other big urban centers, and few can afford to buy one. Swedish housing prices were up 44 percent las…
Do politicians set the home prices in Sweden? How does that work?
Re: Sweden’s Decades-Long Failure to Integrate
#10> People settled in them for the ethnic support networks, learned the language, got better jobs and moved out in a few years, always replaced by more immigrants. >Now, people get stuck. Everyone I talked to named the Swedish real estate market as the reason. It’s almost impossible to rent an apartment in Stockholm or other big urban centers, and few can afford to buy one. Swedish housing prices were up 44 percent las…
Well, interest rates have been very low for a long time, so renting money to buy an apartment was basically free. The politicians couldn't do much about that, but recently they introduced mandatory mortgage repayments. Not sure if it has had much of an impact though. There are far too few rental apartments available, I guess because economic liberalism has dominated in Sweden in recent decades. Buying an apartment ma…
Also, AFAIK, in Sweden you traditionally aren't expected to pay back the principal on your mortgage in any specific amount of time. They have added restrictions in recent years, but I think you can still start making only interest payments once the principal is worth half or less of the loan collateral. This combined with low interest rates would have the effect of letting home prices surge.