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The Netherlands short 390.000 homes in 2023
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this post was submitted on 16 Jul 2023
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High demand meabs prices go up. Literally economics 101.
Except low demand doesn't usually make house prices go down either, it just means they won't get sold or they only get bought by investors - that then also would rather keep them empty than to reduce the price and take a loss, as an empty 1 million house is still worth that 1 million on paper.
I mean, over here in Europe there's plenty of solutions used by countries (even NL itself) to keep prices for housing down. Things like subsidies, quota for cheap housing, rent allowance, etc. Fact is the last government didn't give a shit about 50% of incomes, so they didn't put more in place to encourage and enforce that.