The need for housing, which has increased dramatically after the wave of immigration, has wrongly been taken as demand and is exaggerated. Never has so many expensive apartments been constructed compared to the buyers’ low purchasing power. Almost all the population growth consists of refugees and narratives from non-European countries who in general stand far from the labour market and with a weak economy. They will not demand 600.000 apartments until 2025 in accordance with Boverket’s analysis for the need, but maybe half. That is some conclusions from the report ”The housing market: Large need, less demand” by Intelligence Watch.