Dutch house as cheap as in neighboring

The slump in the housing market, housing dropped to the level of our neighbors in value. Only in the United Kingdom, the houses are more expensive than here.

The slump in the housing market, housing dropped to the level of our neighbors in value. Only in the United Kingdom, the houses are more expensive than here.

This reports the Financieele Dagblad (FD) Saturday based on our own inventory.

Since the peak in housing prices in 2008, the average house price fell by 15 percent in the Netherlands. When an average house cost more than 252,000 euros, now the price has dropped to 215,000 euros.

Neighbouring countries
That's more or less corresponds to the average price for German and Belgian houses. And in those countries, the price actually increased by about 10 percent since 2008.

In Germany an average house now costs 200,450 euros, but there the prices are expected to continue to rise. Provisionally Many residents, according to the FD because of the euro crisis buy a home as an investment.

In Belgium a house last year took an average of 215 500 euros. And the price increase is probably there to an end, because there the living bonus is limited. The Belgian form of mortgage interest from 2006 yielded a correct value on.

According to the British newspaper, the average house now restored by the "very loose monetary policy. With an average price of more than 276,000 euros, British homes now have a price that is well above the previous high.

Slumping housing prices
Housing Economist Paul de Vries of the Dutch Rabobank explains that prices rose in the years '90 faster by the introduction of interest-only mortgage and savings mortgages than in the neighboring countries.

He thinks going down. The abolition of this mortgage the house price And that is mainly because people can borrow to buy a house. Less

De Nederlandsche Bank predicted earlier this week that house prices will only stabilize in 2015. The central bank expects an average house will be now.

Almost 10 percent cheaper than  An average house will cost 195,000 euros.

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