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Henkipatto
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2023-02-28 17:38:53

Henkipatto on Nostr: Finland - Housing company loans - Ticking bomb - Who gets hurt? -> The Finnish middle ...

Finland - Housing company loans - Ticking bomb - Who gets hurt?

-> The Finnish middle class is 99% in variable rates.

- Continue to lose purchasing power.

-> Currently middle class gets 270-300k mortgage (with 50k savings).

- At the moment, ten houses are listed below 300k... (All in need of massive renovations)

I still believe there won't be a major crash in prices in the short term. Why?

Finns have shown themselves extremely conscientious and are unlikely to abuse the system. We love the system.

Read more here:

https://kiiski.substack.com/p/housing-company-loans-ticking-bomb


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