The current housing crisis in Sweden challenges its common perception as a welfare state, where the provision of housing for the entire population is taken for granted. The shortage of affordable rental housing for low-income groups is especially problematic. More affluent groups can instead benefit from the lack of housing, when they sell their apartments and villas and prices have increased (Christophers, 2013). To provide some background to this new experience and how it contrasts with the welfare tradition, this chapter discusses current problems with affordable housing in Sweden, while the Trianon case in Malmö illustrates how opportunities emerge for other actors when historically strong institutions fail to meet the demands of disadvantaged groups.