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 Finlandwebsite update 2021
Finlandwebsite update 2021 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.
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
By Tommi Ralli.
Tenant links about Finland
Rental Housing in Helsinki