Oslo Has Space for Over 120,000 New Homes. See Where in the City They Could Be Built.

Oslo's city council has unveiled a plan indicating ample space for the development of 121,000 new housing units by 2040, challenging the notion of a lack of available land. The 'Municipal Plan for Land Use towards 2040' suggests that the greatest potential for new housing lies within the inner city areas. This revelation comes amidst ongoing concerns about a persistent housing shortage and soaring property prices, making it increasingly difficult for many to enter the market. While the city has seen considerable construction, it is widely acknowledged that the pace has been insufficient to meet demand. The plan, now open for public review, is expected to significantly influence future development across the capital and will affect a large number of residents. The council's assessment highlights that the issue is not a scarcity of land, but rather strategic planning and potentially other factors influencing the pace and location of new housing construction.