Stockholm
Stockholm

Stockholm

Unlisted Orgs
Population (AI)

975,904

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Last edited
Oct 2, 2024 1:10 PM
Category
CapitalPrio-25
Local programs

The city of Stockholm aims to create a dense and cohesive urban environment with sustainable and affordable housing. Key targets include: - **Affordable Housing**: The city aims to provide homes for all, emphasizing the need for affordable housing units to meet the demands of a growing population. - **Sustainable Housing**: The focus is on energy-efficient housing, aligning with national and EU climate goals. For example, a recent project supported by the European Investment Bank (EIB) aims to build 1500 new energy-efficient residential units, contributing to lower energy costs and environmental impact. To achieve these targets, the local government employs various strategies: - **Public Housing Programs**: The city invests in public housing projects, such as the cooperative building program, which aims to lower housing costs and enhance social stability. - **Funding Mechanisms**: The city collaborates with national and EU funding mechanisms, such as the EIB, to finance energy-efficient housing projects. - **Urban Planning**: The Stockholm City Plan emphasizes the importance of integrating housing development with other essential functions like schools, preschools, and public services to create cohesive and sustainable urban environments. These local initiatives work in tandem with national programs and EU funding mechanisms to ensure that housing development in Stockholm is both affordable and sustainable.

Housing Market

**Summary of the Housing Market in Stockholm:** The housing market in Stockholm is currently experiencing a downturn. Key statistics include: - **House Price Index:** The house price index in Greater Stockholm fell by 6.3% year-on-year in 2023, and by 11.2% when adjusted for inflation. - **Home Sales:** Home sales in Greater Stockholm dropped by 19.5% year-on-year to 6,909 units in 2023. - **Rental Market:** Rents for dwellings in Greater Stockholm increased by 4.5% year-on-year to SEK 8,131 (EUR 720) per month in 2023. - **Ownership and Rental:** About 64% of households in Sweden own their homes, with around 81% of these having a home loan. The exact number of housing units in Stockholm is not specified in the provided sources, but it is known that a significant portion of the population rents their homes, with rents negotiated between tenant organizations and landlords. **Recent Trends:** - **Median Price per Sqm to Rent:** Not directly provided in the sources, but average monthly rents are given. - **Median Price per Sqm to Buy:** Not specified in the provided sources. - **Public, Social, and Cooperative Housing:** These sectors play a crucial role in the city, with rents in the private sector often compared to social housing rents to ensure conformity across tenures. However, the exact share of these sectors in the housing market is not detailed in the provided sources. **Recent Developments:** - **Interest Rates:** Recent rate cuts by the Riksbank have led to a slight recovery in housing prices, with a 2% increase in August 2024 compared to the previous month.

Further Actors?

In Stockholm, several individuals and organizations could be valuable conversation partners and collaborators for building more affordable and sustainable housing: 1. **Local Administration and Political Parties**: - **Karin Wanngård, Mayor of Stockholm**: Leading initiatives like "Stockholmshusen" to build affordable and sustainable housing. - **Stockholm City Council**: Key stakeholders in urban development and housing policies. 2. **Academic Institutions**: - **Universities in Stockholm**: Collaborating with Smart Housing Småland on sustainable housing research and development. 3. **NGOs and Housing Cooperatives**: - **Housing cooperatives**: Organizations focused on affordable and sustainable housing solutions. 4. **Impact Investors and Real Estate Developers**: - **European Investment Bank (EIB)**: Financing sustainable housing projects in Sweden. - **Real estate developers**: Companies like Karmod, specializing in modular and prefab housing solutions. 5. **Architecture Firms**: - **Architecture firms**: Collaborating with Smart Housing Småland on sustainable building designs using timber and glass. 6. **International Organizations**: - **European Union**: Supporting sustainable housing projects through the Just Transition Mechanism and Public Sector Loan Facility. These entities can provide a comprehensive approach to addressing the need for affordable and sustainable housing in Stockholm.

Cooperatives

In Stockholm, housing cooperatives play a significant role in providing affordable housing, promoting social equality, and fostering community-driven sustainable housing. These cooperatives are crucial for addressing the city's housing shortages and enhancing social stability. The city has a substantial market share of housing cooperatives, although exact figures are not specified. HSB Riksförbund and Riksbyggen are two of the largest housing cooperatives in Sweden, with HSB managing approximately 317,000 units, including 27,000 rental dwellings. New housing cooperatives have emerged in Stockholm in recent years, contributing to the city's efforts to address its housing challenges. Lighthouse projects include the K9 Kollektivhuset Färdknäppen, which showcases innovative cooperative housing solutions. The city promotes cooperative housing through various initiatives, such as the cooperative Building Communities program, which aims to lower housing costs and enhance social stability. Additionally, Stockholm supports densification efforts to break down barriers between neighborhoods and improve accessibility while conserving green spaces. The Swedish government and organizations like HSB and Riksbyggen actively support sustainable housing through projects like Positive Footprint Housing and the HSB Climate Strategy, which aims to reduce CO2 emissions by 40% by 2023.