The EU’s strategy for more energy-efficient homes in Europe risks becoming a multibillion-dollar lawsuit against Swedish property owners, warns SBAB’s chief economist Robert Boije in Di.
– It is a bit of a bombshell for the housing market, but which has largely gone under the radar in Sweden, he tells the newspaper.
With the goal of reducing net emissions of greenhouse gases and Europe’s dependence on Russian gas, the EU is reviewing a strategy for more energy-efficient homes in Europe.
The proposal that the union’s residential buildings should reach energy class D by 2033 risks hitting residents in condominiums, rental properties and detached houses and property owners hard, reports Di.
One who closely followed the plans is Robert Boije.
Now he warns of the consequences in Sweden, despite the fact that very few of the homes are heated by fossil energy sources.
Chief economist: “Become costly”
– It is a bit of a bombshell for the housing market, but has largely gone under the radar in Sweden. Depending on how it is carried out, it can be costly for many property owners, he tells Di.
For the municipal housing companies alone, the cost is estimated at a staggering SEK 200 billion, according to the newspaper.
However, Hans Lind, former professor of real estate economics at KTH, is of the opinion that the proposal will not be implemented in its current form.
– In the end, the politicians will realize that we cannot demand things that make houses worthless. Nor can we ruin the public housing companies, he says in Di.
