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.
Let’s not start blaming old people - we have one problem in Europe right now in regards to housing. The massive urbanization going on. People are moving from rural areas into the bigger cities. And those cities haven’t built enough new housing for all residents. Just one example: In my town the university has grown - there are more people coming to study and they need housing, but nobody constructed additional dorms. Let’s not blame old people for staying in their homes, let’s blame the government for steering us into a totally predictable housing crisis here.