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schizoidman@lemm.ee to Europe@feddit.orgEnglish · 2 months ago

Netherlands residents need to earn twice the average salary to afford average home

nltimes.nl

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Netherlands residents need to earn twice the average salary to afford average home

nltimes.nl

schizoidman@lemm.ee to Europe@feddit.orgEnglish · 2 months ago
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It is becoming increasingly difficult for people in the Netherlands with an average income to find an affordable home, De Hypotheker has stated. The mortgage advisor compared the average income to the current housing prices, and this showed that two average incomes are currently needed to purchase an average-sized home. The average price for an existing home was 472,054 euros in April. Buyers would need a joint annual income of almost 100,000 euros to be able to loan this amount of money, De Hypotheker calculated.
  • doortodeath@lemmy.world
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    2 months ago

    But Blackstone needs to generate revenue somehow… Edit: Blackrock to Blackstone, thx @DandomRude@lemmy.world

    • ramble81@lemm.ee
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      2 months ago

      Does Blackrock have a large number of houses in the Netherlands?

      • DandomRude@lemmy.world
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        2 months ago

        This appears to be a mix-up: OP presumably means Blackstone, a large US real estate investor that owns thousands of residential properties in the Netherlands.

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