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Things to Know About Housing Association or Boligselskaber in Denmark

Have you considered exactly what a housing association or boligselskaber in Danish is

? Manynations around the world currently have housing associations. A lot of them are very similar in nature, moreover, these associations are different in certain ways.

First, what do you know regarding Denmark? To start, Denmark is formally referred to as the Kingdom of Denmark along with the Faroe Islands and Greenland. With regards to location, Denmark is in the southernmost area of the Nordic countries, it's in the southwest of Sweden, it's south of Norway, and lastly, it's at the north of Germany.

As for the government aspect, Denmark is legitimately a monarchy featuring a parliamentary system. It's got around 98 municipalities, and it is a member of the European Union since 1973. Aside from the European Union, Denmark is also one of several founding members of NATO and OECD. Furthermore, it gives value to the security of the nation as demonstrated by being a member of OSCE that is short for Organization for Security and Cooperation in Europe.

Personally, right after understanding about the value of security to Denmark itdefinitely gone up in the listing of places that I and my family wanted to pay a visit to and take a vacation or briefly stay for 1 year or two or maybe more. But the issue which welcomed us was exactly where will we stay?

According to a number of my sources, Denmark has an overall housing reserve of 2.5 million housing units, from which about 19 percent belong to various social housing association or boligselskaber. The excellent news is that these associations are subsidized by the government and also their municipalities in the form of cut down interest rates along with mortgage repayments. Assistance is also offered when it comes to loan guarantees. Further good news is that such benefits and assistance is also given to renting residence. Besides family subsidies, there's also individual rent subsidies where the subsidies are based on the income, size of household and finally, the apartment's size.

Now, why is it this type of subsidy is presented to residences and renters of a housing association or boligselskaber? The answer is due to the fact that Denmark can. This country ranks among the big countries in regards to the biggest level of income equality. Denmark boasts a business climate that is appealing to the world as explained Forbes magazine.

An additional appeal that Denmark has is being placed in the listing of "the happiest places in the world". This is based upon the standards of education, welfare and health according to a survey conducted from 2006 to 2008. To support the security claim, according to the Global Peace Index survey in 2009, Denmark is 2nd to New Zealand as the most peaceful country on earth! Additionally it is 2nd to New Zealand as the least corrupt countries in the world in the 2009 Corruption Perceptions Index.

If you happen to love Denmark from a 12 month of temporary stay, there additionally exists a Danish act of tenancy that has an out of the ordinary regulation on the "right to buy". Tenants possess the legal right to purchase rental housings for a price that the owner can get from a different one on the open market. This is not merely helpful to visiting tenants, but also to the local tenants. And all of these benifits can only be possible in Denmark. And with the help of a housing association or boligselskaber in Danish, you can enjoy this kind of advantages.

Things to Know About Housing Association or Boligselskaber in Denmark

By: Rocky Hayes
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Things to Know About Housing Association or Boligselskaber in Denmark