Housing costs and economic uncertainty weigh most heavily on Finnish residents in Uusimaa and North Ostrobothnia. A new banking study reveals these regions face distinct challenges compared to other growth centers.
In Uusimaa, which includes the capital Helsinki, 43% of respondents worry about high housing expenses. This concern level far exceeds other regions. About one in seven residents consider moving to more affordable housing despite the area's higher average income.
An economist explained the situation clearly. 'Although incomes are higher here, housing cost worries make sense after rapid price increases and ongoing economic uncertainty,' he said in a statement.
North Ostrobothnia faces different pressures. Job market uncertainty affects housing decisions for 10% of residents, the highest rate among growth centers. One-third of respondents report reduced interest in buying or changing homes due to interest rates.
'Business outlooks in North Ostrobothnia ranked among the weakest this autumn compared to other regions,' the economist noted. 'This naturally fuels household uncertainty.'
Meanwhile, residents in Pirkanmaa and Southwest Finland report minimal economic impact on housing decisions. Approximately half say current conditions haven't affected their living arrangements.
The study highlights how Finland's four main growth centers diverge in housing concerns and economic confidence. This regional split suggests uneven economic recovery across the country.
International readers should note Finland's regions face different economic realities despite being part of the same national system. The capital region's high costs contrast with regional employment concerns, creating distinct challenges for policymakers.