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The crash in the Swedish housing market exposes economic divisions

A half-completed bridge designed to connect two Stockholm neighborhoods has become the epitome of the seismic shift Sweden is undergoing. On the one hand an affluent neighborhood belonging to one of Stockholm’s oldest suburbs, on the other hand a 1970s council housing enclave with a dense migrant population and a reputation as a trouble spot.

The two suburbs – Ursvik and Rinkeby on the outskirts of the Swedish capital – are spatially separated by a four-lane motorway. But the divisions are far greater than in a country built on egalitarian ideals but now in the grips of an economic and social crisis. Some local politicians complain that the bridge, originally intended for public transport but now used as a pedestrian crossing for Rinkeby residents to visit shops across, is hurting their property prices and could increase crime.

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