Comment by timkam

A key problem in Sweden -- besides the weird interaction of privatization and legacy over-regulation -- is that the current inflation and rising interest rates break the social contract: a relatively even salary distribution allowed many people to have a solid middle-class life style, recently albeit with never-ending mortgages. Now, the interest rates are too high for these mortgages to be even superficially sustainable, people have less money at hand to pay for them, and there is no political will to relief the working and middle class, which means many will slide down the social ladder. As an immigrant living in Sweden I fear that the country will soon be pretty unattractive to live in for most 'internationals' who have a choice.