Gothenburg

Gothenburg

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Population (AI)

583056

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Last edited
Sep 30, 2024 6:49 PM
Category
Local programs

Housing Market

The housing market in Gothenburg, Sweden, is currently facing significant challenges. Historically, the city has experienced fluctuations in housing supply and demand, influenced by government policies and economic cycles. The recent housing market downturn is characterized by falling property demand and construction activity, exacerbated by an ailing economy. In Gothenburg, approximately 30% of residents rent their apartments, while the remaining 70% own their homes. The city is grappling with a housing crisis marked by shortages and rising rents. The low level of construction, particularly in large metropolitan areas like Gothenburg, is attributed to low competition in the construction sector, administrative and legal barriers, and rent controls that discourage new rental apartment construction. To address these issues, Gothenburg is focusing on building affordable housing. The city aims to increase the supply of rental apartments and support social housing initiatives. Additionally, there are efforts to streamline the planning and building process to facilitate more efficient construction. These measures are part of a broader strategy to ensure affordable and sustainable housing for all residents, aligning with the European Union's emphasis on addressing housing exclusion and promoting fair energy transitions.

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Cooperatives

Housing cooperatives in Gothenburg play a significant role in providing affordable and sustainable housing. They offer a community-driven approach to housing, promoting social equality and democratic governance. The cooperatives are known for their effective governance and member involvement, which are crucial for their success. In Gothenburg, housing cooperatives have a substantial market share, with approximately 30% of the city's population living in cooperative housing units. In recent years, new housing cooperatives have emerged in Gothenburg, contributing to the city's housing supply. The city supports these cooperatives through various initiatives, such as providing financial frameworks and legal support. Additionally, Gothenburg promotes cooperative housing by aligning with renewable energy initiatives and sustainability goals, which are integral to the city's housing policies. The city's support for cooperative housing is evident in its collaboration with organizations like HSB Riksforbund, which is one of the largest developers and managers of cooperative housing in Sweden. These organizations work closely with municipalities to develop new housing projects, ensuring that cooperative housing remains a viable and sustainable option for residents.