Housing prices in Amsterdam, corrected for inflation, have never been this high since recorded history. Next to low interest rates, the cause of rapidly rising prices is a feedback cycle between banks and consumers having become addicted to mortgage lending and ever-increasing prices.
Amsterdam Real Housing Prices Highest in 400…
Housing prices in Amsterdam, corrected for inflation, have never been this high since recorded history. Next to low interest rates, the cause of rapidly rising prices is a feedback cycle between banks and consumers having become addicted to mortgage lending and ever-increasing prices.
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