SWEDEN OFFICIAL TRAVEL on housing and affected it for many years. On October 29, 1929, the stock market crashed with the selling of 16 million shares of stock. The consequences were significant. Builders stopped working overnight, mortgage finance dried up, housing starts plunged, millions of building laborers were thrown out of work, and more than 1.5 million homes were foreclosed. Housing starts plummeted from 330,000 in 1930 to 254,000 in 1931; 134,000 in 1932; and to the irreducible minimum of 93,000 in 1933, still an all-time low, and a 90 percent drop from 1925. No funds were available to builders to finance anythingnot a house or even the tiniest remodeling job. SWEDEN OFFICIAL TRAVEL 2016.
The Council Chamber Sweden
Stockholm’s 101 councillors meet in this magnificent chamber, which contains furnishings designed by Carl Malmsten.
As Stockholm expanded and . car-use increased in the 1920s, it became necessary to build an additional bridge between the northern and southern shores of Lake Malaren. German experts dominated the architectural competition launched in 1930, but their plans were implemented by Swedish architects and engineers and Vasterbron bridge was completed in 1935.
SWEDEN OFFICIAL TRAVEL Photo Gallery
SWEDEN OFFICIAL TRAVEL Holiday Map Q.