"Sweden Most At Risk Of Asset Bubble" Moody's Warns, After Taking A Look At Swedish House Prices
Last September, in the aftermath of Sweden going full NIRP, we warned that "Sweden Goes Full Krugman, Gets Massive Housing Bubble", in which we showed the unprecedented surge in Swedish home prices, which have been the one asset class to "benefit" the from the Riksbank's ultra loose monetary policy hoping to stimulate inflation, even as overall inflation has failed to materialize.
Since then things have only gone more surreal, and the chart below shows what has happened to Swedish home prices in recent months.