The rental market in Finland

In Finland, we have a member organisation, whose contact information you can find in the right column. Here, as a service to anyone interested, we have also collected facts and information about the housing market in general, and rental market in particular. Most of the publications and links are based on other sources, and the authors themselves are responsible for that information.

The private rental sector in Finland

Rents in the Finnish private sector were regulated until 1991 when new leases could be freely negotiated. In 1995 rents where deregulated also for old leases.
So what happened after the deregulation? After 1991 nothing really happened, rents did not increase significantly, mainly because there was an oversupply of rentals due to much construction in the 1980s. After 1995, the oversupply was history, and between 1995 and 2000 rents increased by 26% in Finland, and 42% in Helsinki.

So, did the market function – was there increased construction as an answer to the shortage? The answer is ‘no’. The private rental sector did increase slightly, but mainly as a result of the conversion of ownership flats to rental flats, as rentals became more profitable.

For more information, please download our PDF-file about the private rental sector in Finland

Reports and publications

A Growing Importance of Rental Housing

Published by the Global Tenant, 2013.

Analyse av Nordisk Husleielovgivning

Oxford Research 2011 (in Norwegian).

Avregleringen av Finlands hyresmarknad

Published by Kungliga Tekniska Högskolan – Institutionen för Fastigheter och Byggande, 2003 (in swedish).

Dwellings and Housing Conditions

Published by Statistics Finland, 2011.

Fair Rental Practices

High-quality Housing in Helsinki

By Helsinki’s Economic and Planning Centre, 2008.

Housing and housing policy in the Nordic Countries

2004, 328 pages
Published by the Nordic Council of Ministers: www.norden.org
Edited by Mr Martti Lujanen
ISBN: 92-893-1027-8, or contact IUT Secretariat
info@iut.nu

National Report for Finland

By Tommi Ralli.

Tenant links about Finland

Rental Housing in Helsinki

http://www.infopankki.fi/en/helsinki/life-in-helsinki/housing-in-helsinki

 

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