Families with children face a price shock this year. According to a calculation made by the bank SBAB for Ekot, the costs for an average family with two children in a villa will increase by SEK 59,000 this year. – You probably have to go back all the way to the 90s to find an equally large increase in costs for a family with small children in a villa. Now we have also had a very high increase two years in a row, so we are seeing large amounts in our calculation, says SBAB’s chief economist Robert Boije. According to SBAB, it is primarily the steep increase in interest rates that is behind the cost increase. But the bank also expects higher food prices. – We have counted on a loan of SEK 3 million and that the family has a variable interest rate. The interest rate goes up from 2.2 percent last year to 4.5 percent this year. At the same time, we believe that food prices will continue to increase this year, says Boije. But in the calculation, SBAB has not counted on a more expensive electricity cost. “Could get even worse” – Right now it doesn’t look like it will be more expensive next year. But should that happen, it could get even worse for the households. Then we will see if the government comes up with new support, but we have not taken that into account in this calculation. At the same time, new statistics show that 94 percent of SBAB’s new customers chose variable interest rates in March. The percentage who chose a variable interest rate has thus risen further since December, when 90 percent chose the same. The difference is dramatic compared to March last year, when as little as 41 percent of new customers chose variable interest rates. Then more people – 44 percent – chose to fix their interest rate for a longer period of time than three months, TT writes. See the full interview with says Chief Economist Robert Boije.
t4-general
Cost shock for families with children – the villa can be SEK 59,000 more expensive
