Apartments in Helsinki are becoming more expensive, rental is increasing, and the volume of stock is insufficient. It is particularly difficult for students and the unemployed, who often do not have the ability to rent an apartment alone and have to chip in and live by two or three in one room, writes ee24.com citing yle.fi.
The real estate market in Helsinki is not similar to the regional markets. Prices are rising rapidly, and wages can not cope. In the city of Vantaa, located in the Greater Helsinki, more than 5,000 people are waiting in line to rent city apartments, but only 1,000-1,200 apartments are exempted per year. As a result the situation when there are 2 or 3 people living in one room has become the new normal for Helsinki.
Anne Viita, Head of the Union of Tenants Vuokralaiset VKL ry, says that the unemployed suffer the most. It is also hard to rent for students, but mainly in autumn. The problem solution is the construction of affordable housing on the state lands.