SBB and Heimstaden are two current examples of how quickly rising interest rates claim victims at home. Silicon Valley Bank is the internationally most famous example of a company failure due to investments based on the belief in perpetually low interest rates.
SBB is the small saver favorite that was a success story for founder Ilija Batljan, who went from big social worker in Nynäshamn to super entrepreneur in the real estate market. In just seven years, SBB grew from its first house to an empire of properties worth SEK 160 billion.