The migration of middle-income households from Helsinki to other parts of the Uusimaa region has abated only temporarily, views Pasi Holm, the managing director at Pellervo Economic Research Institute. “Families have stayed in Helsinki, because they are afraid to buy a single-family detached house,” explains Heikki A. Loikkanen, a professor emeritus of urban economics.
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Migration to rob Helsinki of tax revenue
Both of the researchers expect west and north-bound migration from the Finnish capital to increase as soon as the economy picks up steam. As a result, millions in tax revenue move across municipal borders.