This chapter discusses the recent developments in the housing markets of Scandinavian capital cities and some of the related policy challenges. We briefly review demographic trends, both over the past 10 years and looking ahead, and show that housing supply shortages have been building up, contributing to rising house prices. Drawing on a few recent housing market studies, we go over the observed and likely consequences of housing shortages and house prices rises. Finally, we discuss the geographical mortgage policy implemented in Norway, with a particular focus on restricting mortgage lending in Oslo a year ago.
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CITATION STYLE
Torstensen, K. N., & Roszbach, K. (2019). Housing Markets in Scandinavia: Supply, Demand and Regulation. In Hot Property: The Housing Market in Major Cities (pp. 129–139). Springer International Publishing. https://doi.org/10.1007/978-3-030-11674-3_11