However, this maximization of income, or minimization of expenses, is essentially related to investing.
We plan to build a detached house within 1-3 years. I am not a first-time buyer. How does transfer tax work if we build on a city-leased plot that is intended to be redeemed later?
What is the mathematically most sensible form of housing in this situation? Is it worth buying an apartment for 1-2 years, assuming the property’s value development is +/-0 euros – or how does the transfer tax behave?
Transfer tax is paid upon redemption. The redemption price is surely tied to the cost of living index? Based on that, it’s easy to estimate the future transfer tax. If you don’t redeem, you don’t pay transfer tax at any point.
I’m not sure if I interpreted your question correctly.
From the previous message, the transfer tax for buying a detached house (okt) plot became clear. If you mean buying an apartment for that 1-2 year period, the transfer tax is 1.6% of the debt-free price (housing company) or 4% for a property (detached house). The transfer tax is paid by the buyer, unless otherwise agreed for some strange reason.
So the plan is to build in 2022.
And I don’t have a first home yet, so I could buy an apartment for 1-2 years without transfer tax in the meantime. And apparently, when building, you don’t have to pay transfer tax anyway, so there’s no need to “save” the first-time home buyer’s transfer tax exemption, which would be a large sum for a 350k apartment.
There’s a point to the content, even if the presentation is demeaning and very troll-like.
I’m personally between stages 4 and 5. The first home goes on sale tomorrow (a two-room apartment from the city center, just under 6k€/m2), and in its place, a well-maintained, slightly older detached house in Kotka (3x the square footage and half the price compared to Helsinki, meaning about 1k€/m2). Tax benefits from the capital gain and profits into the stock market, where funds for a boat and a summer cottage are already maturing. Additionally, over the next couple of years, the goal is to reduce the detached house’s electricity costs by installing solar panels in the yard, which should bring all annual living costs down to between two and three thousand euros.
That’s what I did too.
And now I’m thinking of selling or renting out the apartment I bought in the north.
I’ve also been looking at detached houses in the Kotka-Hamina area (it was a bad move to go too far from the sea).
Statistically, it is easier to find a job in a small locality than in a growth center. On the map, all growth centers are in shades of red, meaning unemployment is over 10%, while the majority of smaller municipalities are below that.
However, the article considers 15% unemployment in some small locality a problem and 12% in a large city not so much, even though, from a national economic perspective, a few hundred unemployed people in a place like Lieksa are just a drop in the ocean when the percentage in a growth center means tens of thousands.
