Should I buy or rent a home in Helsinki?

If you have not spent a lot of time in Helsinki, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"This mainly depends on your own personal preferences and financial situation. Buying a home in Helsinki typically requires a large down payment, and a larger monthly mortgage payment. This can make it difficult to qualify for a loan. Furthermore, it can take a longer period of time to pay off the loan, and you may be responsible for maintenance and repairs. On the other hand, renting a home can be less expensive and may require less of a commitment. Rental contracts are typically shorter and there is less maintenance to worry about. Additionally, it is often easier to relocate if needed. In the end, you will need to weigh the pros and cons of buying and renting a home before you make your decision," commented one expat who made the move to Helsinki, Finland.

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Should I buy or rent a home in Helsinki?

If you live in Helsinki, newcomers to Helsinki would love to hear your answer to this question.