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Mortgages in Helsinki Bite Hardest

House loan payments in Helsinki make a bigger dent in people’s budgets than anywhere else in Finland. Not even the higher Helsinki incomes bridge the growing gap.

Asunnon pohjapiirustus ja avaimet.
Image: Harri Vähäkangas / Yle

Property in Helsinki costs significantly more than, for example, in Oulu, when compared in terms of proportions of yearly income that go towards mortgage payments.

In Helsinki, a 75 sq. m. apartment carries loan payments of around 1,200

Sources: YLE