Recents in Beach

Swedish Prime Minister ousted over rent control proposal

Swedish Prime Minister ousted over rent control proposal




Sweden's prime minister stefan lofvem  has got himself an unwanted record he is  the first  swedish leader to lose a confidence vote  the first ever  and that too by a sizeable margin what  did he do to deserve this  he apparently failed to control the  housing crisis in his country  he wanted to deregulate house rent his  allies did not  and this became a big issue the result  is a political deadlock  and a collapsed government so where does  sweden go from here  here's a report food  clothing and shelter the holy  triumvirate of governance  tick these boxes and you can cling on to  power  miss out on one and you could get the  boot  just our sweden's prime minister stefan  levine  fresh out of power thanks to a real  estate crisis  lavian is a social democrat he's been  prime minister since 2014.  in the last couple of years a property  crisis has kept him busy  a bitter lesson on welfare economics  in sweden the government controls the  rent they don't trust the market  to deliver affordable housing great news  for tenants until no one  wants to be a builder anymore it's  simple economics  if the rents are low what's the point of  building houses  and the problem doesn't end there no  houses means no places to stay  people looking to rent a house often  have to wait years  and buying one is not an option unless  you're a millionaire  it's a full-blown housing crisis and  stephan levine thought  he had a solution the prime minister  wanted to deregulate rent  let the market take over but his allies  didn't agree  the left party argued it would raise  prices and widen  the rich poor gap  we choose to vote against law firm as  prime minister  it was not an easy decision but we do it  it isn't okay to be unreasonable in a  difficult parliamentary  situation there is a limit for us market  rents and higher rents  yes the government has lost our  confidence and we have done something  that is perceived as  unusual in politics we kept our words  the final result was 181 to 109.  a decisive rejection of the government  but levine's exit is just the beginning  of  uncertainty in sweden here's one week  and two options to choose from  number one call for a snap election on  number two  ask the speaker to choose a new  government  levine being a seasoned politician is  giving nothing away  regardless of what happens now my party  and myself will together with others  be available to shoulder the  responsibility to lead the country  my primary focus has always been is and  will always be  to do what is best for sweden  neither options look appealing opinion  polls put the center left  and center right blocks neck and neck  so a new election could mean a hung  house  what about a caretaker regime it would  govern for just  one year little chance for radical  policies or  change levien's ouster exposes the  reality  behind sweden's rosy image the economic  cost of a welfare state  the irreconcilable differences in  domestic  ideologies and the myth  of an eternally happy population.

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