Finland's housing market divide is worsening, reports Helsingin Sanomat.
The paper suggests many properties will never find a buyer, even if the economy improves.
According to HS, Finland has up to a million homes — both old and newly built ones — in areas losing population and demand. This represents about a third of all housing in the country. Many of these properties are unsellable, even in strong markets, and banks are reluctant to finance their renovations, the paper explained.
The situation is especially problematic since much of Finnish wealth and retirement security is tied up in real estate.
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Qualified but unemployed
Hufvudstadsbladet looks at newly qualified midwives struggling to find jobs as Finland sees fewer babies.
"This is the first time that no one graduating has a job lined up," said Pernilla Stenbäck, who has been training new midwives for 15 years at the Arcada University of Applied Sciences.
Several smaller maternity hospitals have recently closed, including ones in Lohja, Porvoo and Raasepori.
Some of the new graduates HBL talked to said they were now looking further afield for work, including Norway. Finnish midwives are also fully qualified to work across the entire EU thanks to harmonised training standards.
"The craft is the same across all of Europe, but especially in the Nordic countries, the status of midwives is similar," Stenbäck told the Swedish-language daily.
Icy roads
Weather service Foreca and the Finnish Meteorological Institute (FMI) both warn of extremely poor driving conditions in most parts of Finland on Monday, reports Ilta-Sanomat.
Widespread snowfall is anticipated across southern and central parts, as well as from Northern Ostrobothnia to southwest Lapland, with accumulations ranging from 10 to 15 centimeters. Later in the day, snow along the southern coast is likely to turn into rain, further hampering driving conditions.
On Monday, daytime temperatures will range from -2 degrees Celsius to 3 degrees in the south and west. In the east, temperatures will be below freezing, ranging from -1C to -11C. In the north, it will be mostly -10C to -16C.
As the week progresses, colder conditions are expected to continue across Finland, with the mercury staying largely below freezing on Tuesday and Wednesday. However, along the southern coast, temperatures may rise slightly, reaching around zero.
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