An adult and child cycling in Helsinki on 31 August Roni Rekomaa β Lehtikuva. Helsinki is therefore the only municipality to hold an AA- rating from the housing-focused credit institution, leading a group of A-rated municipalities that has shrunk by six from the previous year to Another municipalities were issued a rating starting with a B and 81 a rating starting with a C.
Tampere saw its rating downgraded primarily due to its fairly narrow industrial make-up β namely, its high reliance on manufacturing. Municipalities in the capital region have a more diverse industrial make-up, including a larger service sector, that provides greater protection from swings in the macroeconomic environment.
Overall, the rating adjustments were attributed to risks arising from waning demand from real estate investors in the largest cities, the challenging economic environment and the growing likelihood of a credit-rating downgrade for Finland. The ratings reflect its assessment of the risks and outlook associated with regional housing markets across Finland.
The assessment incorporates all municipalities in the country, as well as postal code areas in Greater Helsinki, Tampere and Turku.
The BB-rated regions found within the largest A-rated growth centres are typically located in the peripheries of the urban region and are less accessible by transport or afflicted by segregation. In Helsinki, a rating was issued to 81 postal code areas, 21 of which received the highest triple-A rating. Columns Viewpoint. World news International news Finland in the world press. Tools Print. The ratings were upgraded by a notch for 49 regions and downgraded by a notch for 49 regions.
