AVS. Arkitektúr verktækni skipulag - 01.09.2004, Page 21

reduction of total cost shows because the reduction of
flat sizes influences property taxes, heating and mainte-
nance. Effect on rent is estimated without maintenance
costs but with the loans of the Housing Loan Fund for
50 years with 5,1 % interest and taxes and costs in
Reykjavík.
Market influence
Changes of the building regulations will influence the
Social rented flats Ordinary rented flats Owner occupied flats
Total cost reduction 125 m.kr 180 m.kr 300 m.kr
Totalyearly reduction 605 m.kr.
market for rental- and privately owned flats but during
the last 10 years there have on average been built some
1,500 flats every year. We have estimated the following
maximum yearly effect on the property market as fol-
lows:
According to this the total capital needs of buyers
would be reduced by 600 m.kr a year and the need for
loans would be reduced in keeping with that.
Conclusion
It is not proposed that in smaller flats than what is
common today should be built but that the freedom to
build smaller flats for the same family size should be
increased. Families have different needs and the provi-
sion for these should not be standardized needlessly.
Those who have less means should be better catered
for and the same applies to the real household size in
the country. It is time to do away with the requirements
of the building regulations for minimum sizes of areas
but instead to define the activities and equipment in
each room. This is in accordance with what has already
been done in our neighbouring countries. The cost of
housing is of great importance and a balance should
be found between the cost of housing and the ability of
those with less means and that they will have some real
choices in keeping with family size.
Changing the building regulations could result in
smaller flats, reduced total costs and rents. ■
The full research report is available at: www.arkitekt.is/ibudarkostnadur
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