The relation between interest to income ratio, property price and mortgage rate - An analysis of time series data for Stockholm and Sweden over the period 1996-2015
Examining the relation between Swedish households’ debt, property price and interest rates are important when forming monetary policy implications. Several studies have examined the driving factors of household debt and property price, however the results are inconclusive. This thesis differs from previous research as it includes the variable interest to income ratio, instead of debt ratio, as the
