Thursday, 22 November 2007
"The population growth is 650 persons more than compared to the same period one year ago."
which represent about 19 320 net growth.
"Some 10,700 people have moved to Finland from abroad this year, which is 1,900 more people than in 2006, reports Statistics Finland."
"Births however declined throughout the country. By the end of October 49,550 babies were born, a figure which is 150 less than at the same time last year."
"Meanwhile, more persons died this year. Some 40,950 people passed away this year, which is 1,100 more than in 2006."
So the population growth is growing at a slow pace albeit still growing. We know as well that in the next 10 years there will be a massive number of people going to retirement. That doens't support very much the current housing boom going forward. Are we going to have a Japan type housing price deflation? if so is it just worth to buy an asset that will be bound to lose value over time (Germany is another good example).