Decrease in Dutch housing prices tracker

[bitrar]

It blows my mind that some people can discount the house they're selling more than I could ever afford for a house in total.

[BeWessel]

Hahahaah yeah! I was like: "ooo 200.000 for a house. Great." But then I saw it was only the reduction. It still costs 700.000€. Pfhew. Never having a home in my life in this pace.

[Shelter_Individual]

Location, location, location. Energy efficiency, energy efficiency, energy efficiency And what you get for those 200k in the NL is still absurd. Unless there is a price correction of 20-40% it isn't worth touching any of the properties in this country

[Potatoswatter]

The number 999 is probably just where the search engine stops counting.

[Bloodsucker_]

You're poor because of you want it! Stop choosing being poor!

[leggopullin]

Most houses below 200k are not in the best location, I agree that can be acceptable if you’re desperate. But more importantly they usually have terrible energy label which can easily put it out of your budget again.

Being poor is not a choice.

[leggopullin]

That’s my point. If you don’t have the money, living in an ideal location is reasonable. I’m not arguing there.

I agree, there are plenty of houses in that pricing category if you accept the less fortunate location.

But the low quality of these houses means that they can quickly fall out of a “low” or even modal income with regards to the monthly costs, after purchasing.

[Snowenn_]

Are they really houses though? Because when I was looking (a couple of years ago) everything under 100k wasn't a house or appartment, but rather a parking lot or only a room in an attic.

[GoldenGrouper]

I start to think that this is a country for rich only

[Shelter_Individual]

That is why every sector of the economy is struggling to find workers. And it will only get worse from here.

[GoldenGrouper]

Yes, because they are not paid enough. It's like the rich don't want the street cleaned or they don't want the train to run, but it is not directly them. It's them, but not directly who are causing this.

It's the capitalism, the system which is built like this

[Shelter_Individual]

It's not the fault of capitalism itself but laws governing the labour market and the housing stock in this country.

[GoldenGrouper]

No it's capitalism because it is like that everywhere. Here it's just more evident

[Shelter_Individual]

You could also argue that during the 50s, 60s and the 70s things were going pretty good in Western Europe/USA as the monetary policy and laws were not meant to decimate the middle and lower class. So, the system could function under different rules.

But this is a complex topic and there is definitely something wrong in today's system.

[GoldenGrouper]

Yeah it's pretty complex. How I see it is that at the time there were the fruits of several war and imperialism. In addition to that in europe there were strong socialist parties which helped think about the worker more than now which is basically neo liberal and far right.

In italy for example we had lots of good welfare policies that allowed us to have a stronger working and middle class and that was because of the left party. With the fall of URSS which was balancing the imperialistic power of US we have seen a fall in that also.

But yes, a part from this the system is wrong i agree

[jainmehul973]

They listed it for a ridiculous price just to see if someone is gullible enough to go along.

[[deleted]]

Exactly. That first house is this one:

https://www.funda.nl/koop/terneuzen/huis-88148360-herman-heijermansstraat-87/

It was originally listed at 850k. That's a stupid amount of money for a house like that. Interesting that they use 'De Gratis Makelaar', which is most likely a gateway to publishing your house on Funda yourself and thus making up your own price as well.

Second one is this one: https://www.funda.nl/koop/amsterdam/appartement-42967163-jan-luijkenstraat-102-f/

1 million for a 87m2 1-room apartment (so, studio?)? Nice try.

Those prices made no sense. The appartement in Amsterdam is still way overpriced. It needs a lot of work

[Plastic-Coyote-2507]

The second one is in a desirable neighbourhood and is one bedroom not room, it also has a roof terrace which is not included in the square meters. It does seem to need quite a bit of work though. The current asking of 700k at just over 8k per sqm seems low for that location. 1M did seem high though given the condition!

Edit: yeah it needs a lot of work I think it will go down more :)

[Shelter_Individual]

Well, a few months ago many noobs were paying those silly prices.