You are absolutely right. This is by far the main reason. Even more so as in Sweden you usually have two mortgages. One personal which is used to purchase the p

You are absolutely right. This is by far the main reason. Even more so as in Sweden you usually have two mortgages. One personal which is used to purchase the property and one taken out by the co-op itself which you pay as part of the monthly fee. On top of that you are also personally liable for mortgage debt.