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▲The Housing Market Is Nuts (nuts.logical.li)
jaapz 10 minutes ago [-]
It surpises me that only 6% of "the Dutch" report that housing is a financial burden. Ask anyone here and they'll all agree the housing market is fucked and everything is way too expensive.
ghomem 2 minutes ago [-]
Statistics do not always match our personal experience. But it can still be "too expensive" while way better than it is happening in Portugal, Spain and France.
p-e-w 2 minutes ago [-]
> Statistics do not always match our personal experience.

They also often don’t match reality either.

4gotunameagain 13 minutes ago [-]
This is what happens when you open your country to be bought by foreign "investors", as it happened with Portugal and Americans.

When you have countries much larger and wealthier than you, they will pump the housing market to unsustainability, driving the locals out of their houses.

But hey, GDP and the waiter wages have increased, so there's that.

blfr 3 minutes ago [-]
Americans are experiencing much of the same despite being the richest country in... history. Immigration is a not insignificant part of it but real estate being the only thing most people can finance with leverage has serious footprint as well.
ericmay 10 minutes ago [-]
Hmmm how does the rate of new home/apartment builds look?
norome 5 minutes ago [-]
yeah in NL for example they have a "shortfall" of a million houses, due to overly strict regulations scaring off developers. 40% of new builds need to be social housing, and we have the strictest environmental regulation in europe. Developers prefer germany or the UK.
4gotunameagain 8 minutes ago [-]
In the popular cities which is where everyone wants to live, it's quite low.

They've been full for quite a while, turns out land in desirable places is not infinite and there's no supply. So don't increase demand by allowing wealthy foreigners to buy out everything.

jon-wood 2 minutes ago [-]
They're not full, people just aren't willing to increase density so the only option is an ever larger sprawl of houses rather than apartment blocks.
theinability 3 minutes ago [-]
The inability to build fast mass transit is what keeps this so true. High speed rail into nearby towns could / should change the amount of land available but nobody builds it except the Chinese. And Americans don’t even consider it
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