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by hnhamdani2 1684 days ago
dead-middle millennial here. Many of my friends been buying house circa 2016-2018 back when you can still get a 5-10k euro discount, even in Randstad/Eindhoven area. Not anymore. I was just start looking to buy a house and I was just giving up after 4 months and several attempts at bidding with crazy competitors.

I think most people were simply owning 1 house and doesn't benefit much from this housing crisis. Like you said, people who want to go out can't get in to a new house either. We're at the lowest point in NL history with fewest vacant properties available. So taxing all the property owner wouldn't do justice. However, I hope the government start to impose a progressive tax on entities owning multiple properties (hello Chinese/Prince/BlackRock investors?). They're the ones who benefitted the most from this situation. Though realistically, seeing how the current government track records, I kinda feel helpless that they'll help the younger generation. I even feel bad for Gen Z whose racking up student debt on top of it.