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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.

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[-] 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.

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

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