Amsterdam will properly regulate high house prices
How many factors are responsible for record high house prices? Just list them. the biggest usual suspect is the ultra-low rent and more demand than supply does the rest. It’s natural to just point out a scapegoat. Today in the Amsterdam press.
Blade always cuts both ways. Investors are therefore also not allowed to buy if the market is spinning, which can and exacerbate declines. Can meet 020 again outside the curve to come. As an Amsterdam homeowner I think it’s fine: the more good intentions, the higher the prices https://t.co/qIdvwRr2TU
— Arend Jan Kamp (@ArendJanKamp) Nov 3, 2021
Those detested investors are a consequence, not the cause, in my humble opinion. Mainly due to the zero interest rate and the ECB that has the bond market, the safest loans result in negative returns. With my 53 years, I actually belong to the people who should buy them…
Reducing risk towards retirement, Old-fashioned investment theory. The 60%-40% postage. That work. However, I sold my bonds two years ago and now I’m also at a loss. Do you want to go where? I’m already investing in it and leaning towards even more Dividend Aristocrats myself. But they are not immune to stock market falls either…
It’s a matter of style, because I have the most with stocks. You may be looking for it in (Amsterdam) houses for exactly the same reason. Or you bought a house or apartment for your offspring with the equity of your own house, or with your money that you might otherwise have bought in safe AAAs.
In Amsterdam it is popular sport to blame the Prince Bernhards of this world for the high prices. Those Prince Bernhards were good who started buying up the supply in the decline of 2008-2013. As an aside: I also bought then and oh irony, just like buyers now I was made up for…
The Princes Bernhard took a risk and more than enough for summary. Felis, we say. Anyway, Amsterdam to count on the Prince Bernhards of this world buying a decline. However, above €512,000 there is still something for sale in the city and €512,001 can also be bid.
Yes, Amsterdam: the market is really finding shortcuts again.
In the meantime, I am very much afraid of how an unacceptable risk perception will turn out in the current markets, if the market turns. Does that apply to people who don’t know any better and who have never bitten risk, as well as experienced investors who are actually forced to do it.
If you’re looking for parallels in history, in the dotcom era we also took too much risk and that we knew… The Great Depression, which started with the crash of 1929, was mainly a lack of cash crisis. we now live in the excess cash age. Who knows harmony then with a crash.