Raymond Johansen: Real estate developers do not want lower housing prices in Oslo

Raymond JohansenPhoto: Fredrik Hagen / NTB

“The developers are bluffing when they claim that they want lower housing prices,” Oslo’s City Council chief Raymond Johansen (AP) believes.

He told the newspaper Aftenposten that he has had enough of the developers’ eternal complaints that the municipality delivers too few regulated plots.

“They create the impression that they are ready to build so much that the surplus of homes will push prices down. It’s pure nonsense,” Johansen stated.

Johansen believes that there are no simple solutions to the housing problems in Oslo.

“Oversimplified debate”

“We have to do many things at the same time and need help from the state. We can not continue with this oversimplified debate. Increased housing construction will not solve the challenges,” he added.

Per Jæger, CEO of Boligprodusentene, believes Johansen should look at what the Municipality has done and not blame others. He noted that developers want to build more.

” I’m sure no one in the industry wants the price increase we have now. It only makes the market smaller. People will not be able to afford to live and will move out,” he added.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews

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