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1. Underwater Art: Stockholm has an underwater art installation known as "The Stockholm Underwater Museum." This unique attraction features submerged sculptures that promote marine life and enhance the diving experience in the city's surrounding waters. 2. The Vasa Museum's Special Exhibit: While many know the Vasa Museum for its impressive 17th-century warship, few realize that it also houses a unique collection of maritime artifacts, including the only preserved ship's figurehead from the era, which provides insights into the artistry and craftsmanship of that time. 3. Public Transport Art: Stockholm's metro stations are often referred to as the "world's longest art gallery," featuring over 90 stations adorned with artworks, murals, and sculptures created by various artists. Each station has its own unique theme, making the journey through the city a cultural experience in itself.
Stockholm's housing market is experiencing a period of stabilization after recent fluctuations. The city has approximately 470,000 housing units, with about 64% of residents owning their homes and 36% renting. As of 2025, the median price to buy an apartment in Stockholm is around €7,000 per square meter, while the median rent is approximately €20 per square meter per month. The real estate market saw a 5% increase in residential transactions in 2024, partly due to declining interest rates and increased buyer confidence. Public housing plays a significant role in Stockholm, with municipal housing companies managing around 80,000 apartments, accounting for about 20% of the total housing stock. These companies aim to provide affordable housing options for residents. Cooperative housing, known as "bostadsrätt," represents roughly 25% of Stockholm's housing stock. This model allows residents to own shares in a housing cooperative rather than owning apartments outright. Social housing initiatives, such as the "Stockholmshus" program, aim to address housing shortages by building municipal rental housing with limited rents. The city has set ambitious goals to increase housing supply, targeting the construction of 40,000 housing units per year. Despite these efforts, Stockholm still faces challenges in meeting housing demand, with long waiting times for rental apartments and rising property prices in certain areas.
Stockholm's city administration is actively addressing housing challenges through several initiatives. The city has set an ambitious target to build 140,000 new homes by 2030, focusing on providing a mix of housing types and tenures to improve affordability and accessibility. One key program is "Stockholmshusen," which aims to build 3,500 to 5,000 affordable rental apartments by 2020. This project uses standardized designs to reduce costs and construction time. Another initiative is "Focus Järva," a social inclusion project targeting two of the city's most deprived districts to improve housing, infrastructure, and social services. The city collaborates closely with cooperative housing organizations like HSB and Riksbyggen to develop new projects. Stockholm, which owns 70% of the land, allocates areas for cooperative housing developments and encourages sustainable practices in these projects. Additionally, Stockholm supports innovative housing solutions, such as HSB's Living Lab project, which combines student housing with research on sustainable living. The city also promotes the construction of modular, low-cost housing for specific populations like students and young adults, although these are often temporary solutions. To address urgent needs, Stockholm is working on providing housing for approximately 80,000 people with very low incomes, including young adults, pensioners, single-parent families, and refugees. While progress is being made, challenges remain in meeting the demand for truly affordable housing in the city center.
Housing cooperatives play a significant role in Stockholm's housing market, accounting for approximately 25% of the city's housing stock. Known as "bostadsrätt" in Swedish, this model allows residents to own shares in a cooperative rather than individual apartments. Major organizations like HSB and Riksbyggen are key players in the cooperative housing sector. Stockholm actively promotes cooperative housing through various measures. The city collaborates with cooperative organizations to develop new projects and allocates land for cooperative housing developments, leveraging its ownership of 70% of the city's land. The municipality also encourages sustainable practices in cooperative housing, such as using climate-enhanced concrete and installing solar panels. One notable initiative is the Stockholmshusen program, which aims to build affordable rental apartments with standardized designs to reduce costs and construction time. While not exclusively for cooperatives, this program contributes to the city's overall housing strategy. A lighthouse project in cooperative housing is HSB's Living Lab, a ten-year initiative where students live in a shared house equipped with sensors to measure energy and water consumption. This project combines housing with research on sustainable living practices. Stockholm's commitment to cooperative housing is part of its broader strategy to provide diverse, affordable, and sustainable housing options for its residents, aligning with the city's goal of building 140,000 new homes by 2030.
