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RE: Bubblewatch - Dutch housing market is overheating fast!
Some are starting to say that about the US housing market although it isnt as heated as that. In fact, in Florida here, we experienced a bit of a slow down the past two months. Will it be temporary or the start of another trend?
It depends... Housing prices over the border (Germany) are much more stable for years! (I bought a vacation home for 45.000 Euro) Almost exactly the same as the last owner payed for it 25 years ago. For the same appartment in The Netherlands i would pay triple that amount. In Amsterdam probably 4 times as much.
I know for a fact that people are struggeling in the Netherlands to pay for housing. Its just to expensive... Salaries simply not grow that fast.