Study: Helsinki supports its high-income tenants with tens of millions a year - HS in English | HS.fi
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Study: Helsinki supports its high-income tenants with tens of millions a year

Almost five thousand high-income households in Helsinki profit thousands of euros a year from the low rents charged by the City of Helsinki. The households pay considerably lower rents than tenants in the neighbouring, non-subsidised rental units owned by real estate investors: the difference between the rents is an average of six euros per square metre, but it can be greater in neighbourhoods located at the heart of the city.

Tilaajille
Julkaistu: 17.12.2015 4:49

A single household can consequently save up to 10,000 euros in annual housing costs in the most sought-after neighbourhoods, such as Arabianranta and Katajanokka.

The adult residents of such rental units have reported average net earnings of 40,000 euros a year and fall within the top 20 per cent of earners in the country. The low housing costs also benefit their family members.

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