Hidden stability risks lie behind the financing of publicly subsidised housing production
6d ago
From the article
dc.title: Hidden stability risks lie behind the financing of publicly subsidised housing production dc.contributor.author: Salenius, Tommi; Siljander, Juhana; Järvenpää, Maija dc.description.abstract: The inflation-driven rise in property maintenance costs has pushed up cost-based rents in publicly subsidised housing in Finland. At the same time, market rents have declined. This seems to have reduced the occupancy rates in housing corporations that operate publicly subsidised rental housing. Publicly subsidised housing production also involves high-risk financial structures, the loss-absorbing capacity of which has not been tested in conditions such as the current prolonged downturn in the housing market. dc.description: Find the accessible version on bofbulletin.fi.
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