Those who buy a home today spend a record large proportion of their disposable income on housing costs, shows Swedbank's housing index for the first quarter of the year.
The housing index falls to 92 for the first quarter.
"It is the lowest housing index measured since it began being calculated in 2005. When it comes to the housing index for small houses, we have to go back to the property crisis of the 90s to find a housing index that is below today's level", says Arturo Arques, Swedbank's and savings banks' private economist, according to a press release.
The development is connected to higher housing prices and energy costs, which means that households buying a home today have to spend 33 per cent of their disposable income on housing costs.
