Life in Norway Show
83: Buying a House in Norway
May 3, 2024
Christoph Graf, originally from Switzerland, moved to the Oslo region for better housing value with his Norwegian wife. He shares his insights on navigating Norway's competitive housing market, including tips on the frantic bidding process and the importance of mortgage pre-approval. Christoph contrasts the affordability and access to nature in Norway compared to Switzerland, revealing why larger homes attract newcomers. He also discusses the emotional complexities of purchasing a home and life in Oslo, filled with outdoor activities and community sports.
34:01
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Quick takeaways
- Christoph Graf moved to Norway due to its housing affordability, allowing families to find suitable homes without financial strain compared to Switzerland.
- The house buying process in Norway, characterized by a fast-paced bidding system primarily conducted via text messages, requires quick decision-making from buyers.
Deep dives
The Appeal of Norwegian Housing Market
Christoph Graf moved to Norway primarily for its housing affordability compared to Switzerland, where property prices are often unattainable for millennials. He and his Norwegian wife discovered that despite Norway's reputation for a high cost of living, the real estate market provided more value for family-sized homes than they would find back home. For example, Christoph's five-bedroom house in Norway would likely equate to a one-bedroom apartment in Switzerland, highlighting the stark differences in property value. This affordability was a significant draw for his family, as it allowed them to find a suitable home without financial strain.
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