Currently, it is estimated that between 10,000 and 20,000 residential properties in Finland are under emergency rental agreements, as noted by Mika Pärssinen, the CEO of Habita Finland Oy. The term 'emergency rental' refers to a situation where properties fail to sell at the seller's desired price, leading them to temporarily rent out the units as a quick fix. These properties might have been on the market for an extended period, sometimes up to 1.5 years, indicating a challenging real estate climate for sellers.

Typically, these properties are rented for one year, as landlords hope to attract buyers willing to pay a higher price later on. However, this strategy has been criticized by Pärssinen, who labels it both financially risky and unprofitable. He suggests that property investors in the region are making decisions based on emotional attachments rather than sound economic reasoning, which can lead to poor investment outcomes.

Pärssinen highlights a 30-year period of rising property values in Finland, suggesting that many have learned to see real estate as a guaranteed investment. However, this belief may not hold true in the current market landscape, where emotional connections to properties could lead investors to overlook significant financial risks. The ongoing trend raises questions about the sustainability of such rental strategies amidst potential market changes.