The rental market in Oslo is facing a significant crisis as more property owners sell their rental units, leading to a shortage of available housing.

Over the past five years, Utleiemegleren has reported a loss of 13.3% of rental properties in the city, equating to more than 7,800 units.

This trend is attributed to rising debt, increasing interest rates, and changes in tax policies that have made rental investments less profitable.

Experts warn that this situation disproportionately affects vulnerable groups, including students, who struggle to find affordable housing.

As rental prices soar, the lack of available units is pushing many low-income residents out of the city, raising concerns about the long-term implications for Oslo's housing market.