Question 1

Is buying better than renting in Oslo in 2025?

Accepted Answer

Yes, primarily due to the Wealth Tax (Formuesskatt) shield. Owning a primary residence significantly reduces your taxable wealth compared to holding cash or stocks. Plus, with rents hitting record highs of 23,000 NOK, buying locks in your housing costs.

Question 2

What is the average rent in Oslo?

Accepted Answer

Average rents in Oslo have surged to approximately 23,000 NOK/month for a 2-bedroom apartment. High demand and a shortage of rental properties have created a landlord's market, making renting increasingly expensive.

Question 3

What is the Document Fee in Norway?

Accepted Answer

The Document Fee (Dokumentavgift) is 2.5% of the property's market value, paid by the buyer. Co-op apartments (Borettslag) are often exempt.

Oslo 2025: The Rent Trap vs. The Tax Shelter