< p class="article-render__block article-render__block_unstyled" data-points="8">Buying your own home with real money without moms, dads, loans and mortgages is difficult in any country in the world. In order to accumulate the required amount with all inflations, periods of economic instability and other things, and at the same time still live normally, buy clothes, equipment and travel from time to time, you need to make good money like this.
Salaries in Norway, both in absolute terms and in relative terms (in terms of the cost of products and services), are much higher than ours. But let's see how much their real estate costs in order to have an idea whether an ordinary Norwegian can save up for his apartment at least in old age.
Let's start with a small apartment in the small cozy town of Ålesund. Although by Norwegian standards it is not so small – almost a hundred thousand people live. A modest forty-meter apartment with a good repair and basic furniture costs NOK 1,900,000. In terms of rubles, this makes about 12 million.
This apartment is already larger and is located in a fresh house built in 2013, so despite the more unfortunate location in the suburbs, it costs more – about 36 million rubles. But these are spacious apartments with an area of more than a hundred square meters.
Or here's another example: also a suburb, the same more than a hundred meters, but already an old house built in 1955. The price tag is 23 million. If you translate into Moscow or even St. Petersburg prices, then it turns out, on the whole, not so expensive. True, you need to understand that we are looking at real estate not in the capital, but in a small town of less than a hundred thousand people. Prices will be different in Oslo.
An example of another apartment in the suburbs. 130 square meters for 30 million rubles the average Norwegian salary of 3,500 euros after taxes. It turns out that a person will be able to buy such an apartment if he does not eat, drink, or spend money on anything else for only four and a half years!
In reality, saving half of your salary, you can save up the required amount in ten years. In principle, mathematics is not so bad, because not everyone can afford an apartment for ten years of work at the average salary in the country. And still, many Norwegians prefer to rent a house or build their own house all their lives, rather than buying an apartment, saving up for it for ten years.
What would you do if you lived in Norway? Does it make sense for them to save up for an apartment?