Rent at Bústöðir rises again

Now the rent is rising again at Bústaðir á Óðinshædd – for the third year in a row. From 1 July, Ruth Nolsø will pay ISK 10,488 per month, including heating. This has caused frustration among many tenants who feel mistreated.

Ruth, who lives in Óðinshædd, asks rhetorically: – Should I pay for all the expensive, architecturally designed building at Bústøðir? – It must have been in microscript – I feel both cut and smoked, says Ruth Nolsø

Ruth has lived in Óðinshædd for three years and has had one price increase each year. She lives in an apartment that is 85 square meters gets a price increase of more than 400 ISK.  But housing has had a price increase every year since 2019

Jógvan Ósá, Director of Housing, tells KVF that the rent must follow the cost levels in society and the increase is announced according to current rules.