A Tough Quest for Shelter
High property prices in Sweden create a challenging landscape for apartment hunting, whether for renting or buying. In major cities like Stockholm, salaries tend to be higher than the cost of living. Property values witness an annual increase of 1%.
Stockholm and Gothenburg are the most expensive cities, though suburbs might offer slightly more affordable options. Rental properties come with waiting lists that are so lengthy they could make it to the Guinness Book of Records. The average wait time to secure a rent-controlled property is around nine years. Additionally, the prevalence of single-person properties in Sweden eliminates flat-sharing as an alternative, further intensifying property scarcity.
