Bjarni Benediktsson and Sigurður Ingi Jóhannsson

Program for First-Time Homebuyers Introduced

Yesterday, Prime Minister Sigurður Ingi Jóhannsson and Finance Minister Bjarni Benediktsson introduced a new program called First Home, meant to make it easier for young people to purchase their first home.


Threatened to Leave Home Within One Week

“I’m not moving one foot before I find a new home,” says Jenný Jóakimsdóttir, a resident of Hafnarfjörður who has been told to leave her apartment within one week, by order of its new owner—a private company owned by the Central Bank of Iceland.


Rent Up by 40 Percent

The cost of rent went up by 40.2 percent from the beginning of 2011 until July 31 this year, according to a new report from the Ministry of Welfare.