It surpises me that only 6% of "the Dutch" report that housing is a financial burden. Ask anyone here and they'll all agree the housing market is fucked and everything is way too expensive.
Statistics do not always match our personal experience. But it can still be "too expensive" while way better than it is happening in Portugal, Spain and France.
yes, but there are levels to the amount of mismatch
National averages are a terrible tool. Isolated per-country indexes are insufficient. No statistic is perfect, but the European authorities could - and should - try harder.
Forgot to point that I am the author of this data story.
- The elderly don't have a problem
- The seniors don't have a problem
- The millennials that bought in 2021 or before don't have a problem, in fact they made 200-300k tax free within 5 years
- The youths that still live with their parents don't have a problem
- The youths that still live their parents because they can't afford to move out don't have a problem making their mortgage because they don't have one.
It's the wrong statistic! Either you earn enough or bought early enough to afford the house and the mortgage is not a financial burden, or you're not getting the mortgage.
Heck, even in my life my 2700 euro mortgage (of a very regular house) isn't a financial burden. My partner and i just about make ends meet. But we can't divorce and we can't get cancer. If that happens then yes, it's back to our parents with a child at 38-years-old.
This article is illuminating in that it demonstrates something many of us may have been thinking for a long time; one of the big drivers has been job concentration. I guess the life-hack takeaway is to find a great job not near an urban center? Remote work from the sticks and you're rich!
