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The Rising Housing Costs Threatening the Norwegian Housing Model

The House Owners’ National Association’s Housing Cost Index shows that housing costs are increasing by 23 per cent this year.

The consumer organization points out that the finances of Norwegian households are under severe pressure as a result of increased municipal taxes, general price increases and sharp interest rate increases.

– It has become very expensive to own your own home. The costs are sky high. There are limits to what households can manage. We fear the high housing costs will threaten the Norwegian housing model, says general secretary Morten Andreas Meyer in Huseierne.

Her you can check how much it costs to live in your municipality.

– Big consequences

The increased costs mean that housing costs will be NOK 179,126 nationally in 2023, according to figures from Huseierne. It is also expected that costs will rise in 2024.

– The Norwegian housing model, where most people get the opportunity to own their own home, contributes to smaller differences and a better distribution of wealth. It is in danger if the drastic increase in the costs of owning and looking after one’s own home continues, says Meyer.

Here it is the most expensive:

Oslo: NOK 270,095 Bærum: NOK 248,739 Nesodden: NOK 226,607 Frogn: NOK 222,908 Lørenskog: NOK 217,531 Nordre Follo: NOK 204,465 Asker: NOK 204,090 Whales: NOK 202,845 Nittedal: NOK 199,139 Rælingen: 198 NOK 435

The figures show the housing costs for an average Norwegian detached house of 120m2.

(Homeowners’ National Association)

Sea view

Now he hopes that the local politicians will take into account the situation of ordinary home owners.

– We expect them to take households into account when they set their budgets, and not increase the tax burden more than is absolutely necessary.

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The sea

I understand
2023-10-12 09:43:39


#Sound #alarm #Drastic #increase

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