Bleak outlook if interest deductions are taken away – the Today’s Industry

Many would pull down on both savings and repayment of ränteavdraget was abolished, according to a fresh survey.

at the same time, a not insignificant proportion are forced to leave their homes.

Multiple parties has opened for nedtrappade interest deductions, while S and M are receiving.

A completely abolished the interest deductions would have significant consequences for the bostadsrättsägarna, according to a survey from the organisation, tenant rights, and the analysis company United Minds.

One of the four stated that they would save less if ränteavdraget was abolished, and one of the seven respondents that they would repay less. It worries Ulrika Blomqvist, managing director of tenant rights.

• Was among the just over 1,000 bostadsrättsägare between 21 October and 4 november 2016.
  
• the Answers were collected in the representative quotas relating to gender, age and region.

"It is important to have a buffer. The cooker or the washing machine can break down, the interest rates can go up and the fees of the association can be raised."

Probably it is bostadsrättsägare which is located on the margin who would choose to drag down on the repayments, ” says Ulrika Blomqvist.

"It is not good and contrary to what the legislature wants."

this large A percentage as 6% stated that they would not be able to afford to remain in their apartment if ränteavdraget was abolished. Given that 20 per cent of swedes live in the condominium, one can conclude that it would drive many people out of their homes, turn tenant rights firm.

"It is terrible if the policy wants to change the conditions for boendeekonomin to such an extent that so many would not be able to afford to stay here", says Ulrika Blomqvist.

But do not have these people as low margins that they have themselves to blame?
"They have adapted the regulatory framework that existed when they bought their homes. The problem with the housing market is that it is so dysfunctional with a demand that is far greater than supply."

the high income earners receive on average higher interest deductions than people with lower incomes – simply because they have more expensive homes and larger loans. Although they are not so dependent on ränteavdragen, shows the survey.

Almost 40 per cent of high-income households claim that abolished the interest deductions would not affect their personal finances significantly, while the corresponding proportion among those with low incomes are half as big.

the Younger bolåntagare may also higher interest deductions, on average, than the elderly, according to the survey.

We are moving towards a more regulated mortgage market, says Ulrika Blomqvist, where in addition to the requirement on the down payment and the inserted amorteringskravet talk about a skuldkvotstak.

the Survey’s calculations are based on a mortgage rate of 4%.

Is it relevant?
"It is not so long ago the rate was 4 per cent. In the long term, maybe it is 2 per cent, but it may as well be 6 percent."