Possibly the combination of bad economy, decent housing planning and decreasing population in many areas.
Probably because everything here already is taxed twice and cost boatloads more than almost anywhere else in EU.
Because the economy in Finland does not grow. The difference is shocking when compared to the situation in other Nordic countries.
Is it higher than the national average in Rovaniemi?
The national average is brought down by emptying countryside.
The countryside is emptying, keeping the costs down there due to low demand. Large cities like Helsinki are growing which obviously raises the demand, but they have also been keeping the supply up by building a lot of new housing.
Probably because housing is already relatively expensive compared to the income level and Finland isn’t very attractive country for wealthy people who would drive up the price.
Because we are poor. 💪
My 2 cents: buying apartments for investment is not very viable in Finland.
Atleast compared to Sweden the difference is we’re paying back the bank loans. In Sweden you only pay a certain % and after that only interest and the loan gets paid when you sell.
Otherwise Sweden is pretty similar to Finland – countryside is emptying and Stockholm is full to the brim, there’s been a huge housing crises over there for ages. That increases the prices even further.
The airbnb effect is not so high in Finland as in tourism countries or cities like in mainland Europe
Prices in Helsinki have gone up by more than 20% in Helsinki metropolitan area since 2015.
That’s probably a more accurate comparison than the rest of the country that is fairly unattractive and emptying.
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Possibly the combination of bad economy, decent housing planning and decreasing population in many areas.
Probably because everything here already is taxed twice and cost boatloads more than almost anywhere else in EU.
Because the economy in Finland does not grow. The difference is shocking when compared to the situation in other Nordic countries.
Is it higher than the national average in Rovaniemi?
The national average is brought down by emptying countryside.
The countryside is emptying, keeping the costs down there due to low demand. Large cities like Helsinki are growing which obviously raises the demand, but they have also been keeping the supply up by building a lot of new housing.
Probably because housing is already relatively expensive compared to the income level and Finland isn’t very attractive country for wealthy people who would drive up the price.
Because we are poor. 💪
My 2 cents: buying apartments for investment is not very viable in Finland.
Atleast compared to Sweden the difference is we’re paying back the bank loans. In Sweden you only pay a certain % and after that only interest and the loan gets paid when you sell.
Otherwise Sweden is pretty similar to Finland – countryside is emptying and Stockholm is full to the brim, there’s been a huge housing crises over there for ages. That increases the prices even further.
The airbnb effect is not so high in Finland as in tourism countries or cities like in mainland Europe
Prices in Helsinki have gone up by more than 20% in Helsinki metropolitan area since 2015.
That’s probably a more accurate comparison than the rest of the country that is fairly unattractive and emptying.
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