large minority of municipalities, especially in the rural parts of the vast Scandinavian country, face declining population numbers. Studies show that demographic decline has brought about severe challenges to these municipalities. Jonsson and Syssner argue that most of Swedish communities do not account for declining population numbers in the management of their fixed assets, like the maintenance of public buildings, water supply networks and sewage pipes. Jonsson and Syssner also shows that adaptation strategies for real estate are much more common than adaptation strategies for other types of assets. This is a worrying situation for shrinking rural areas, since this lack of adjustment ultimately may result in growing welfare differences in Sweden.