Kenneth Faigh
Kenneth Faigh made headlines for purchasing his apartment in Copenhagen's Nordvestkvarter for an astonishingly low price of 18,500 DKK in 1998, during a unique opportunity provided by the Copenhagen Municipality for tenants to convert rented properties into cooperative housing.
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Denmark:
Kenneth Faigh rented a two-room apartment for 725 kroner a month and now owns it, valued at 1.4 million kroner.
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Denmark:
Kenneth Faigh paid 18,500 kr for his apartment in 1998 after being offered to take over the property as a cooperative housing association.
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