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Bankers see laxer debt rules backfiring in sweden as vote nears.

Authors :
Carlstrom, Johan
Magnusson, Niklas
Source :
Bloomberg.com; 9/4/2014, pN.PAG-N.PAG, 1p
Publication Year :
2014

Abstract

Oestros said most economists monitoring Sweden's housing market lean toward tightening mortgage lending rules rather than easing them. Failure to curb property prices and debt growth could hurt Sweden's economy, both the central bank and International Monetary Fund have said. Oestros said any plans to ease lending rules are at odds with discussions in the industry focusing on how to address Sweden's household debt burden, which the central bank estimates is about 175 percent of disposable incomes, the highest ever. [Extracted from the article]

Subjects

Subjects :
BANKERS
DEBT
HOUSING finance

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140457051