5 Aug, 14:56··

Property Association Expert Warns: More Housing Company Closures Coming

An expert from the Finnish Property Association is warning of a rise in housing company closures. This is due to significant increases in land lease payments for apartment buildings constructed in the 1960s and 70s, where lease agreements are expiring. This poses a financial challenge for many housing companies.

Summarized from the sources above. Read the originals for the full story.

housingfinancereal estate