Stockholm's Housing Crisis

The rental system in Sweden, based on collective bargaining and rent control, has led to a staggering housing shortage, with over 800,000 people waiting for an apartment in Stockholm. Long wait times of up to 30 years have given rise to a black market where individuals resort to bribery and fake swaps to secure housing. Even major business leaders have voiced concerns, warning that without change, companies may consider relocating due to the dire housing situation.