STUDY: THE ECONOMIC CONSEQUENCES FOR HOUSEHOLDS OWNING HOUSES WITH EIFS CLADDING (2015)

This study looks at Swedish houses built with EIFS cladding between the late 1990s and 2013, and the costs related to owning these houses. By looking at six statistical households and three scenarios based on different levels of reparation and different levels of transparency in terms of information to the public about the problems with this facade system, the study measures the costs for the households in terms of loans and how the market values are affected.

The reparation costs consists of approximately 40% of the yearly construction costs in the housing sector. A considerable amount for buildings that are no more than 15 years old. The study results in policy recommendations concerning how the government should deal with the issue, both in the short and long run.