Social indicators: Tenure status 2014
The proportion of people living in rented accommodation rose sharply in the wake of the financial crisis in Iceland. In 2008, 12.8% of the population rented their housing. By 2014 this proportion had risen to 20.8%. Despite this sharp increase in the number of tenants, Iceland had the second lowest proportion of tenants and the second highest proportion of owner-occupiers without a mortgage, when compared to the other Nordic countries in 2013.