The Investigator: Amortization Requirements Should Be Lowered

» Updated: October 07 2024

» Published: September 22 2024

The Investigator: Amortization Requirements Should Be Lowered
Photo: Anders Wiklund/TT

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The amortization requirements should be lowered. This is what the ongoing investigation will propose when it presents its proposal in about a month. This is confirmed by John Hassler, professor of economics and one of the investigators, reports Svenska Dagbladet.

I will come up with a proposal for relief in early November, said John Hassler recently in connection with a fair.

A reduction or abolition of the amortization requirement would bring relief to many households that currently have high interest rates.

The rules we have today reduce the demand for housing. If the government relaxes the rules, the demand will increase, said Hassler.

An abolished amortization requirement was one of The Moderate Party's election promises, and the Sweden Democrats have also driven the issue. Both the Financial Supervisory Authority and the Swedish Central Bank have been critical of an abolished requirement.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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