Rental rates soar nationwide

Quick Summary:

Inflation is finally easing in Norway, but rental rates are literally going through the roof.

New figures confirm how they’ve risen by 20 percent just in the past two years, and the average rental rate in Oslo is now nearly NOK 19,000 per month.

The higher tax bills have prompted many investors to simply sell their rental units.

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Article Details

Author / Journalist: Nina

Category: Business

Markets: Norway

Topics: Inflation Top Story Business Housing

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 12:59:59 (3 days ago)

News Timezone: GMT +8:00

News Source URL: newsinenglish.no

Language: English

Article Length: 793 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © News in English

News ID: 23326192

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About News in English

Main Topics: Business

Official Website: newsinenglish.no

Year Established: 2008

Headquarters: Norway

News Last Updated: 2 days ago

Coverage Areas: Norway

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #108

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