The old regime discriminated strongly against private investors and landlords.
"The old regime discriminated strongly against private investors and landlords, which of course includes all ‘foreign’ investors and landlords on the Swedish market. The legal complaints filed by the European Property Federation (EPF) to the European Commission have played a major role in the Swedish government's considerations," said Michael MacBrien, EPF director general.
”These changes will contribute to a better functioning rental market to the benefit of all who want to live in rental apartments. The decision also marks a fundamental milestone in a constructive process between the Swedish Property Federation,, the Swedish Association of Municipal Housing Companies and the Swedish Union of Tenants to modernise the rental market", said Reinhold Lennebo, president of the Swedish Property Federation.
Under the new rules the municipal housing companies shall operate on commercial conditions and their normative role for setting rents will be replaced by a system where any collectively negotiated rents become normative. The Swedish Property Federation will become a full partner in negotiations and the rents they are negotiating will have the same legal significance as the municipal housing companies’ rents.