What Does the Rent Consist of at YH Kodit?

Maintenance and Financing Costs

Rent primarily consists of maintenance and financing costs.
Maintenance costs include property upkeep, electricity, heating, and a repair reserve used to cover future renovations.
Financing costs are mainly made up of loan interest.

What Other Factors Can Affect the Amount of Rent?

Rent is used to cover the costs of housing. Roughly:

• One third goes to technical maintenance (repairs and upkeep),
• One third to energy (electricity, heating, water),
• One third to financing costs.

Property tax is also a growing expense that has seen significant changes recently. Rent is calculated based on the cost-price principle, meaning it is set to cover the actual operating costs of the property.

How Can Rent Increases Be Prevented?

Residents can help prevent rent increases by taking good care of their apartments—for example, by avoiding water damage or blockages and reporting issues promptly.
Participating in community efforts, such as yard clean-ups, can reduce the need for outsourced services and positively impact rent levels.

Rent Review

At YH Kodit, rent is reviewed once a year based on changes in financing and maintenance costs.
Rent adjustment letters are sent electronically to all residents unless a paper version has been specifically requested.

The Impact of Resident Responsibility on Rent Costs

At YH Kotit, rent is primarily made up of property maintenance, financing costs, and potential repair and renovation reserves.
Maintenance costs include electricity, heating, waste management, and general property upkeep.
Financing costs consist of loan interest and other related financial expenses.

Residents can significantly influence rent costs through their own actions:
By being energy-efficient, managing waste properly, and participating in community clean-up efforts, residents can help reduce property maintenance expenses.
Additionally, promptly reporting any faults or deficiencies can prevent larger repair costs and help keep rents reasonable.
In this way, residents contribute to maintaining the property in good condition and positively affect overall housing costs.

If you're interested in available rental apartments from YH Kodit in the Tampere or Turku area, be sure to check out the beautiful homes and learn more about the neighborhoods.