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The Housing Boom Will Slow Down Again
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The housing boom will subside again – The housing market in Oslo is much calmer than it is in, for example, Stavanger and Bergen, says CEO of Eiendom Norge, Henning Lauridsen to Nettavisen. He explains the big difference with two factors. Firstly, the interest rate is still relatively high even though it has been reduced twice. This means that the cost of owning an expensive home is so high that the market for expensive homes is weaker than no…
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