The anomaly of Finland
Even the strongest nations show signs of abating, in a period like the present one. Today we will analyze the anomalous situation in Finland. Abnormal for a well-defined reason: the uncertainty deriving from the pandemic emergency, which led to a change in the national market curve in real estate. The real estate attractiveness therefore remains strong, but not at all levels. So, if in these cold winter days you want to find out about what happens in the world of brick, this guide is for you! So, if you are ready, we can inaugurate this little news focused on the Finland phenomenon!
We assume that Finland has always been foreign to international market changes. Strengthened by a rigid government and with legislation that is little prone to changes, it has always been configured as an economic power in its own right. It is no coincidence that we at Realigro have considered it appropriate to deal with the Finland case. What is happening in a time of world disorder? In Finland, the attractiveness of the real estate market does not seem to have changed. Indeed, the effect that is making industry experts stunned is the following. It seems that the volumes of transactions are similar to the periods before the pandemic. With a particular increase in the signing of purchase and sale contracts for luxury properties. The decrease, in terms of investments made in real estate, is solely and exclusively related to the more standard properties, with increasingly lower prices in other countries, and stationary in cold Finland.
Also in this case, therefore, the country in question seems to defend itself well against the Covid emergency, or at least in our research sector.
The future prospects are not so uncertain, if we consider the current fairly neutral situation with respect to the rest of the world. A continuous, albeit slowed, increase in interest in luxury properties is assumed and expected. And a subsequent increase, much more gradual, in terms of buying and selling as regards the medium-low levels. And the rents? Good question! To answer this question, we need to take a step back and analyze the Finnish background. On a cultural level, Finland is configured as a modern nation but little inclined to signing leases.
This is for a simple reason: there are very few foreigners in this country, so most of the people who live in this country, in addition to enjoying high financial resources, can afford a roof over their heads. Put simply, the cost of living in Finland is very high, and it's also quite difficult to get through the complex bureaucracy behind applying for citizenship. In short, such a reaction was not all that unexpected! So, if you too were stunned by reading this news, know that we are ready to surprise you with new and interesting columns. Always here every day, and on our Official Blog! The secrets of real estate, industry news and new fashions, always just a click away!
We assume that Finland has always been foreign to international market changes. Strengthened by a rigid government and with legislation that is little prone to changes, it has always been configured as an economic power in its own right. It is no coincidence that we at Realigro have considered it appropriate to deal with the Finland case. What is happening in a time of world disorder? In Finland, the attractiveness of the real estate market does not seem to have changed. Indeed, the effect that is making industry experts stunned is the following. It seems that the volumes of transactions are similar to the periods before the pandemic. With a particular increase in the signing of purchase and sale contracts for luxury properties. The decrease, in terms of investments made in real estate, is solely and exclusively related to the more standard properties, with increasingly lower prices in other countries, and stationary in cold Finland.
Also in this case, therefore, the country in question seems to defend itself well against the Covid emergency, or at least in our research sector.
The future prospects are not so uncertain, if we consider the current fairly neutral situation with respect to the rest of the world. A continuous, albeit slowed, increase in interest in luxury properties is assumed and expected. And a subsequent increase, much more gradual, in terms of buying and selling as regards the medium-low levels. And the rents? Good question! To answer this question, we need to take a step back and analyze the Finnish background. On a cultural level, Finland is configured as a modern nation but little inclined to signing leases.
This is for a simple reason: there are very few foreigners in this country, so most of the people who live in this country, in addition to enjoying high financial resources, can afford a roof over their heads. Put simply, the cost of living in Finland is very high, and it's also quite difficult to get through the complex bureaucracy behind applying for citizenship. In short, such a reaction was not all that unexpected! So, if you too were stunned by reading this news, know that we are ready to surprise you with new and interesting columns. Always here every day, and on our Official Blog! The secrets of real estate, industry news and new fashions, always just a click away!
