Dutch housing market locked, 'someone has to pay the price' | Jona van Loenen
The Dutch housing market feels like a game of musical chairs where the music has stopped, but the prices keep soaring. Starters feel hopelessly locked out, while homeowners watch their equity balloon into astronomical figures. In a fascinating discussion on "De Nieuwe Wereld," economist Jona van Loenen dissects this gridlock, arguing that the familiar mantra of "we just need to build more houses" dangerously misses the point.