Road toll ring affects new home purchases

New toll stations in OsloNew toll stations in Oslo.Photo: Fredrik Hagen / NTB scanpix

Real estate agents have found that new buyers are considering how toll stations affect their economy when choosing new housing.

The toll debate that is happening over much of the country also influences housing sales wrote Dagens Næringsliv newspaper.

Especially in Bergen, Stavanger, Jæren and Oslo, the debate on tolls has raged lately. In Oslo, 54 new toll stations recently opened, giving a total of 83 toll stations around the capital. There were also 15 more toll stations in Bergen in April.

“We do not yet have any figures that can document this, but we see that people have gained a more conscious relationship with tolls when it comes to housing choice” saidCEO, Grethe Meier of Privatmegleren to the newspaper.

Kim Astrup at Urban and Regional Research NIBR said this development affects where people settle, especially those with the smallest economic margins, such as families.

DNB Eiendom and Krogsveen in Bergen also said they experience less willingness to pay for homes that are unfavourably placed for the toll stations. They expect a new migration pattern in the future. It is especially newly established families and first-time buyers who settle differently. In Oslo, Privatmegleren reported that more people, especially on Oslo’s eastern edge, are moving out of the toll ring and away from the center.

© NTB Scanpix / #Norway Today

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