Sweden House Boom May Grow on High Rate Bets, Credit Group Says

Sweden’s housing bubble may be exacerbated as consumers bet against interest rate increases, said Lars Magnusson, head of a government group that guarantees housing.

“As long as people believe that interest rates will continue to be low and that prices will rise forever, there is a risk,” Magnusson, director-general at the Stockholm-based National Housing Credit Guarantee Board, ...