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by the-dude 1656 days ago
Up to the 1990s it was possible to buy a home on a single income in NL.
1 comments
gruez 1656 days ago
Source? At least in the US mortgage payments (adjusted for interest rates and inflation) have been trending down since the 90s.

https://awealthofcommonsense.com/wp-content/uploads/2021/03/...

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the-dude 1656 days ago
No sources, purely anecdotal :

Our parents were single earners and home owners

I have peers who bought houses in the late 90s on a single income

You can use Dutch bank's mortage calculators to see you can't buy a shed on a single income

I read on a Dutch news site this year that even for double earners, home ownership is not feasible in some cases

Banks won't give out mortages for say € 700 / month, forcing these individuals to rent on the private market at € 1000+ a month.

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