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 
Published at
2023-02-28 18:38:53Event JSON
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"content": "Finland - Housing company loans - Ticking bomb - Who gets hurt?\n\n-\u003e The Finnish middle class is 99% in variable rates.\n\n- Continue to lose purchasing power.\n\n-\u003e Currently middle class gets 270-300k mortgage (with 50k savings).\n\n- At the moment, ten houses are listed below 300k... (All in need of massive renovations)\n\nI still believe there won't be a major crash in prices in the short term. Why? \n\nFinns have shown themselves extremely conscientious and are unlikely to abuse the system. We love the system.\n\nRead more here:\n\nhttps://kiiski.substack.com/p/housing-company-loans-ticking-bomb\n\n\nhttps://void.cat/d/XJxCZ4dounnK9DGvP63xoi.webp",
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