geranium Report post Posted November 16, 2005 A Dutch colleague told me yesterday that - the Dutch housing market has been growing around the rate of inflation for a few years now, following a period of strong double digit inflation - inflation peaked quite a few years ago (got the impression HPI slowed in the Netherlands 3 years ahead of the UK market slowing) - transaction levels have remained very low - good family houses are still selling well but flats in poor locations have suffered in value - a slow housing market has hit consumer spending Anyone have any data on this? Maybe the UK market has more in common with the Oz example (eg more speculation through BTL) but it's interesting the Dutch have seen a prolonged period of what we have right now - no real inflation, low transaction levels, weak consumer spending. Quote Share this post Link to post Share on other sites
penbat1 Report post Posted November 16, 2005 A Dutch colleague told me yesterday that - the Dutch housing market has been growing around the rate of inflation for a few years now, following a period of strong double digit inflation - inflation peaked quite a few years ago (got the impression HPI slowed in the Netherlands 3 years ahead of the UK market slowing) - transaction levels have remained very low - good family houses are still selling well but flats in poor locations have suffered in value - a slow housing market has hit consumer spending Anyone have any data on this? Maybe the UK market has more in common with the Oz example (eg more speculation through BTL) but it's interesting the Dutch have seen a prolonged period of what we have right now - no real inflation, low transaction levels, weak consumer spending. Why dont you post on the right forum ? Quote Share this post Link to post Share on other sites
Guest consa Report post Posted November 16, 2005 A Dutch colleague told me yesterday that - the Dutch housing market has been growing around the rate of inflation for a few years now, following a period of strong double digit inflation - inflation peaked quite a few years ago (got the impression HPI slowed in the Netherlands 3 years ahead of the UK market slowing) - transaction levels have remained very low - good family houses are still selling well but flats in poor locations have suffered in value - a slow housing market has hit consumer spending Anyone have any data on this? Maybe the UK market has more in common with the Oz example (eg more speculation through BTL) but it's interesting the Dutch have seen a prolonged period of what we have right now - no real inflation, low transaction levels, weak consumer spending. http://www.fundacionareces.es/PDF/vivienda/Boelhouwer.pdf Quote Share this post Link to post Share on other sites
Bemused Report post Posted November 16, 2005 A Dutch colleague told me yesterday that - the Dutch housing market has been growing around the rate of inflation for a few years now, following a period of strong double digit inflation - inflation peaked quite a few years ago (got the impression HPI slowed in the Netherlands 3 years ahead of the UK market slowing) - transaction levels have remained very low - good family houses are still selling well but flats in poor locations have suffered in value - a slow housing market has hit consumer spending Anyone have any data on this? Maybe the UK market has more in common with the Oz example (eg more speculation through BTL) but it's interesting the Dutch have seen a prolonged period of what we have right now - no real inflation, low transaction levels, weak consumer spending. Ahh the great Dutch Market that 2 years ago was held up by this forum as reflecting exactly where the UK was heading and has now been ignored as long periods of stagnation come to pass .... Quote Share this post Link to post Share on other sites
AteMoose Report post Posted November 16, 2005 (edited) Ohhh the fabled stagnation Although interest rates are ALOT lower in eurozone, and average house price is still only £148,762.98, at 2.5% an IO morgage on that would be £309 a mounth!!!!! ALOT less than here in blighty, perhaps stagnation should be expected for a while over there Edited November 16, 2005 by moosetea Quote Share this post Link to post Share on other sites
Guest consa Report post Posted November 16, 2005 Ahh the great Dutch Market that 2 years ago was held up by this forum as reflecting exactly where the UK was heading and has now been ignored as long periods of stagnation come to pass .... Get your facts straight before posting bullsh#t Is this the discussion you are referring to? Is this 2 years ago? Judge for yourselves http://www.housepricecrash.co.uk/forum/ind...=11744&hl=dutch Quote Share this post Link to post Share on other sites
Clueless Report post Posted November 16, 2005 I just returned from Eindhoven and the average 3 bed semi in an OK area are selling at about 250K euros which puts them at about the same price as their equivalent in a northern town in the UK. Quote Share this post Link to post Share on other sites
AteMoose Report post Posted November 16, 2005 I just returned from Eindhoven and the average 3 bed semi in an OK area are selling at about 250K euros which puts them at about the same price as their equivalent in a northern town in the UK. about £350 a mounth on a IO euro morgage Quote Share this post Link to post Share on other sites
Bemused Report post Posted November 16, 2005 Get your facts straight before posting bullsh#t Is this the discussion you are referring to? Is this 2 years ago? Judge for yourselves http://www.housepricecrash.co.uk/forum/ind...=11744&hl=dutch Nope was earlier than that ..... when this forum looked very different . Can't remember the ins and outs but basically my point is that a prolonged stagnation is very possible due to artificially low interest rates. This is bad for homeowners and non-owners alike as homeowners take on HUGE debt that is not eroded by inflation and non-owners are priced out for protracted periods of time as the market is delayed from its "natural" correction. My worry for this debt burden goes far beyond housing and if the US policy is anything to go by the next decade could be very hairy. Quote Share this post Link to post Share on other sites
Guest consa Report post Posted November 16, 2005 Nope was earlier than that ..... when this forum looked very different . All topics and posts are still here (can the mods confirm this?) I have searched them all, so unless you can show me otherwise, you are mistaken. Quote Share this post Link to post Share on other sites
since the beginning Report post Posted November 16, 2005 Bemused - think you have been sussed. Quote Share this post Link to post Share on other sites
Clueless Report post Posted November 16, 2005 The forum switched providers in August 2004 from the old board (much more fun) maybe Bemused refers to an old board discussion ? Quote Share this post Link to post Share on other sites
geranium Report post Posted November 16, 2005 Thanks for the info & links. The tax breaks and low interest rates seem to go a long way to explaining it. Apologies for posting on the wrong forum. Maybe the administrators can move the thread? Quote Share this post Link to post Share on other sites
AteMoose Report post Posted November 16, 2005 (edited) HPC in december 2003, looking very bullish... http://web.archive.org/web/20031206062913/...icecrash.co.uk/ Edited November 16, 2005 by moosetea Quote Share this post Link to post Share on other sites
Bemused Report post Posted November 16, 2005 HPC in december 2003, looking very bullish... http://web.archive.org/web/20031206062913/...icecrash.co.uk/ Ahh now that looks familiar from my brief postings that the market had considerable steam in in yet .... Consa I may be wrong this is TWO YEARS AGO I am talking about, but I seem to remember a thread where the Dutch were being held up alongside the Aussies as being ahead of us on the bubble and likely to exhibit signs of falling in the near future .... Quote Share this post Link to post Share on other sites
Guest consa Report post Posted November 16, 2005 HPC in december 2003, looking very bullish... http://web.archive.org/web/20031206062913/...icecrash.co.uk/ Thanks for the link mt Does anyone have a password to access it? Charlie Quote Share this post Link to post Share on other sites
