The blog Cornucopia has made an interesting comparison between the consumer price index (CPI), gross domestic production (GDP), and house price index in Sweden, which shows an alarming deviation of the indexes. Other posts show similar tendencies all over Europe.
Compared to the levels of the housing crisis in the beginning of the 90s in Sweden, the difference between the indexes are much larger today. Fortunately this shouldn’t be a problem according to the government owned bank SBAB.
Blindfolds on and full speed ahead captain!