145
submitted 6 months ago by MicroWave@lemmy.world to c/world@lemmy.world

Amsterdammers find themselves at the nadir of a Europe-wide housing shortage. But some bold initiatives offer hope

In a pan-European housing crisis, the Netherlands’ is next level. According to independent analysis, the average Dutch home now costs €452,000 – more than 10 times the modal, or most common, Dutch salary of €44,000.

That means you need a salary of more than twice that to buy one. Nationwide, house prices have doubled in the past decade; in more sought-after neighbourhoods they have surged 130%. A new-build home costs 16 times an average salary.

The rental market is equally dysfunctional. Rents in the private sector – about 15% of the country’s total housing stock – have soared. A single room in a shared house in Amsterdam is €950 a month; a one-bed flat €1,500 or more; a three-bedder €3,500.

you are viewing a single comment's thread
view the rest of the comments
[-] HubertManne@kbin.social 10 points 6 months ago

I just don't get this though. Shouldn't high density housing be the most efficient? Why is it not constructed till its at just about the cost of construction. It should be the least profitable real estate given the low land use.

[-] Linkerbaan@lemmy.world 6 points 6 months ago

If they construct more houses then the prices go down.

And they want the prices to go up.

[-] jupyter_rain@discuss.tchncs.de 5 points 6 months ago

It is the most efficient but I guess since demand is so high landlords can increase rents a lot, even if space is used super neat. At least in my country there is still a huge drain into the cities and renting/buying in the countryside is way more affordable. My second guess is that it's not that easy to build new housing, even if more efficient, in already dense cities. Nobody wants to tear older houses down (expensive) if it still works and you can make a good living on renting them. Maybe some incentive on building newer housing could be a start.

[-] HobbitFoot@thelemmy.club 3 points 6 months ago

Just because it is efficient doesn't mean it is enough.

this post was submitted on 06 May 2024
145 points (98.0% liked)

World News

39019 readers
2312 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS