Originally Posted by
nacho
It seems that the parents are not Svensson Swedes.
I think the housing market is being stimulated by the extreme low interest rate.
The SR report indicates that the parents are citizens of a country where a lot of people — kids included — sheltered in place to try to avoid getting hit by this virus.
That area in parts was sort of like the Swedish Bible Belt, and it even attracted some Americans for that reason even in rather recent years.
In various high income parts of the world, the housing market in at least parts has rallied; and it’s not all due to lower interest rates even as that too has driven price increases. When your commuting, dining and entertainment and vacation costs are down and you have more time and desire to work from home, then allocating more money to housing becomes more desirable and likely. About housing prices in the north, not sure how much of it was driven by Stockholm folk doing the NYC thing: the work-from-home-if-possible crowd moving out to get more space and more social distance. Some of it must have been.