We make sure that there are reasonably priced homes in Espoo. The predictability of rents and fair distribution of rental profits are also part of our financial responsibility. In 2021, those living in our rental apartments will pay an average of 28 percent lower rent than the general rent level in Espoo.
Moderate rent development
Smooth and predictable rent development is our goal. In 2021, our residents pay rent that is about 28% lower than the average rent level in Espoo.
A good occupancy rate guarantees affordability
The high occupancy rate of our homes, along with the low turnover of residents, indicates a good price-quality ratio.
The occupancy rate of our homes has been at the level required by the City of Espoo, at least 98 per cent, for a decade. As a responsible actor, our goal is to increase the occupancy rate further by developing our processes. This is the best way for us to ensure that housing costs remain predictable and rental profits are distributed fairly.
Espoon Asunnot requires that its partners also act responsibly. For our partners, we are a fair and reliable partner: we strive for long subcontracting agreements and continuous development of our operations.
Approximately 100 cooperation and contracting partners are responsible for the maintenance and repairs of our properties. When choosing partners, we comply with the Act on Public Contracts. One of its objectives is to promote quality procurement.
We require our contracting partners to be responsible. Our partners in the construction sector must be part of the Tilaajavastuu.fi service’s Reliable Partner programme.
A rental home is a good alternative to owner-occupied housing
More and more people are choosing rental housing instead of owner-occupied housing. The appreciation of rental housing is one of the important themes of financial responsibility for Espoon Asunnot.
The difference between municipal and private rental housing is currently small. Particularly in the case of new production, it is difficult to see any differences – or at least they are small: for example, the city’s rental homes may not have a dishwasher or mirrored sliding doors, which may be standard equipment in market-based homes. There may also be a difference in the content of electronic services available to residents, but that difference is narrowing all the time.