Originally Posted by
DiegoFrogs
It'll really come down to what I can afford and what's available for nearly immediate rental. I've read a lot about the rental market, so I'm well prepared and I understand this will be difficult.
I've read many of the warnings about Rosengard. I'll probably try to avoid it, but my knuckles aren't without scar tissue.
Stockholm was the hardest market I have ever heard of, with the exception of Seoul. Essentially, 50% state-owned and the other 50% buy only. 0% first-hand rentals.
We did get one from a guy moving in with his gf for 6 months then it became a year as he stayed. Then they moved to Singapore and we stayed for two more years.
The ****ty market is my only complaint about Sweden.
Most of my colleagues moved every three months as they couldn't get anything longer unless they bought (which a few did with 10% down or about 250,000 SEK on a 2.5MSEK single bedroom flat ... two-room). They did interest only and it worked out to the same price as a "short-term" rental about between 8000 and 12000 SEK/month (two-room with a "balkong".)
This was for a bostadsrätt arrangement.
Malmö and Lund should be much easier.
In good news, buying a piece of cake, even with 0% down (with a "topplån"), and most of the bidding is done by website and SMS after 1 or 2 mass viewings. You can easily go from looking to competitively bidding by SMS on the web, to singing in less than 2 weeks, with almost no money in.
Also don't forget about the monthly "avgift" and that your mortgage can/will save you a huge amount of tax (sometimes more than 10% of what you owe per month depending on income and tax bracket and mortgage).
Lycka till!