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Kjetil Olsen

Kjetil Olsen

Swedish mortgages stand out: "Extremely interest-rate sensitive"

Sweden has a unique system where mortgage borrowers during crises get the entire interest rate shock directly in their pocket. It is a significant reason why the Swedish economy has performed the worst in the Nordic region, says Norwegian economist Kjetil Olsen.
Swedish mortgages stand out: "Extremely interest-rate sensitive"
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