Sweden bets it can isolate real estate risks to troubled SBB

Sweden’s real estate crisis is raising echoes of a crash in the 1990s, but government and central bank officials are betting they can keep the problems contained. 
Sweden's Finance Minister Elisabeth Svantesson. | Photo: Geert Vanden Wijngaert/AP/Ritzau Scanpix
Sweden's Finance Minister Elisabeth Svantesson. | Photo: Geert Vanden Wijngaert/AP/Ritzau Scanpix
By Niclas Rolander and Charles Daly / Bloomberg

Even as slumping property prices and surging financing costs weigh on the Nordic country’s economy, authorities believe they can ride out the turmoil without widespread intervention. That leaves indebted landlords like Samhallsbyggnadsbolaget i Norden AB — commonly known as SBB — isolated as they battle to close funding gaps.

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