#netherlands #housingcrisis #amsterdam #groningen #university #students
The housing market in The Netherlands is crazy right now. Want to rent? Here's a waiting list of 19 years. Want to buy? Here's a bunch of houses you can't afford.
It wasn't always like this, and apparently we are in the middle of this "perfect storm" making the housing crisis even worse. In this video I cover the multiple aspects that caused this crisis, and also briefly talk about some solutions proposed by the Dutch financial supervisor.
If you have any experience with this housing crisis, don't be shy to leave a comment!
Sources: pastebin.com/YvqSjwEV
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Can't you just admit it was because of all the immigration they tooked and all the money the previous Dutch government wasted on them.
Well done Jedu good Video. my question is will the Dutch implement new laws that restrict people that own houses to rent them out at what ever price they feel like?
@@liamwolffthewolffmedia that isn't the problem here.
I moved to the Netherlands about 3 weeks ago. Hilariously, I moved to the Netherlands because Ireland's housing crisis is at the point that there was 2 apartments to rent in my city when I left. I don't have a family, so the governments "you can just live with your parents" plan doesn't work for me.
Oh wow. Only 2 in the whole city? I hope you found a nice place here and will be able to stay there for a while!
Which city are you coming from?
Very similar to the UK. Similar causes too, 'property' is allowed to be seen as an investment rather than as a home, too much NIMBYism and too many incomers. I do worry for young people starting out.
Great video, Jedu! The quality of the editing is amazing. And I learned a lot. Other places like Ireland, Spain and Portugal are facing similar problems right now, it's interesting to see that housing is increasingly becoming a key political issue.
1. An increase in population - actually population numbers were stabilizing near1996, but after that year immigration had a huge influx and a sharp rise in population with 3 million, largely consisting of male adults and large families from non-Western countries. Not mentioning this fact, is highly ignorant of the current situation and motivated by political correctness. What is bothering people is that newly arrived immigrants can easily get a house, while ethnic Dutch have to wait for decades in the worst situation. Try that to explain to people who urgently need a house. 2. Economic crisis 2008-2011 - a large number of house builders went broke and employees took other jobs instead. When the crisis was over, there was no demand for newly built houses, as people went broke, needed to sell their overprized houses and in general, house prices were falling for some years, leading to private speculation and private rent, since the profit on money on bank accounts was virtually zero. Rich private investers saw legitimate new business opportunities, although the government now tries to punish and scapegoat private rent as a restriction on private property. 3. Bad government policy - YES. But that means: (1) no actions were taken against the huge increase of labor migrants and luck seekers from non-Western countries who were funneled in and abused costly asylum procedures. Many abusers decided to stay anyway, after ending costly legal procedures and strict court decisions to leave. (2) bad climate policy, with the introduction of radical extreme measures that implicated that hardly any house could be built. It's a made up crisis created by Nitrogen policy following concessions to Green parties after the failure of creative shopping with numbers by Liberals. A single foundation (1 member only) went to court and won his case against the State. Now the government has to implement their own blunt policy, restricting housing policy, and as a very negative side effect: killing agriculture. 4. "Rules and procedures" - this is very vague one, but radical climate protesters were making a sport of halting building products due to "ecological reasons" (small animals that are very rare in the Netherlands, but are quite common at the other side of the border). The introduction of the Aerius computer program also didn't bring any progress in needed mass house building. It makes mainly negative decisions of nearly everything concerning housing. If Aerius rejects it, nothing can be built. Its algoritm is questionable due to to the extrapolation of nitrogen deposit values near protected areas (Natura2000). The variables are far too extreme and have a very, very marginal result on its goal: halting global warming.
Point 1; Actually the age is correct, the gender you mention too, but where they come from less so. Due to the EU being a thing and more East European countries entering Schengen, a lot of East EU men of working age have come here. This group is a lot bigger than refugees and those seeking asylum who only make up 13% of the annual migrants. The cabinet fell over spouses and children of officially aknowlegded migrants. These work migrants come to the Netherlands because we have a lot of work that needs to be done, and to them the pay is high. They then often work and live under bad circumstances. Someone is making money off of them, but we as a society pay by seeing them either end up on the street or having to provide if they fall ill due to these poor conditions. One of the people who makes money of those men, van Gool actually donated 400.000 euro to the VVD using a construction, as you may only donate 100.000 euro officially. Other than that, you make some good points. Investors have bought up houses and there was a lack of governance to keep the market in check.
Greetings from Croatia, another EU member, that has the exactly opposite problem Our country went from 4,75 million people in 1991 to 3,8 million in 2021 Yes we had a 5 year war that killed 20.000 people, but that was 30 years ago, now we have low birth rate, and high emigration to western countries, like the NED Jus my region went from 296.000 people to 266.000 in just 10 years from 2011 to 2021 So if you need somewhere to live, come to Croatia, we are in EU and schengen :)
You also have nice beaches so might be a good trade :)
well, how will foreign people work in croatia? can they afford to rent if they do?
+1 for the bitterballs, sharing some peak Dutch culture right there. But also, great editing and story telling, keep it up!
Guys, have you thought of simply retaking Belgium? What would help.
Great video!
Thank you! :)
Goede analyses. Scherp. Net een ander filmpje gezien van je over Wilders. Mijn likes heb je
Yoooooooo amazing vid 👍
Yooooo, thanks man!
Young Dutch couples are freezing their eggs, knowing they wont be able to provide a permanent home for a child before menopause. Meanwhile, there is already environmentally friendly, or friendlier concretes and materials used in other countries. That the Dutch government choose to ignore. Plus the Dutch idea that "A real house is built with bricks." making alternative materials unpopular. Which surprises me in such a otherwise free thinking country.
Goede video weer!!
Dankjewel!
I know bro, at this point we'are better off buying a sinking boat for shelter than try entering the housing market, anything really
The struggle is real 😅 Better be fast tho, before sinking boats become the next hot Airbnb investment
I think the netherlands needs more mid-rises. I don’t see them often enough and I think if there are more mid-size homes and/or small apartments then the housing market will recover. Because while on a much smaller scale than the US, I think the Netherlands in its own way has a single family home problem.
Idk where you live, but mid rises aren't the only solution. Yes where I live part of the issue was them only building free standing houses for the rich. But now instead of traditional terraced houses, they make small apartments that now go for the same as those bigger new houses went for. Mid rises aren't going to help much when the houses made are still half a million. It would help if I could buy a house with another family, because for only 2 million you get 8-16 times as much space as for half a million.
There are mid houses but they cost 1400 a month
People forget that the netherlands has always had a housing problem since the Industrial Revolution, the country is simply just very small and our population just grows like crazy. The new problem is that now in the big cities it has actually become almost impossible to find housing. Most people don’t want to live in tinier cities anymore because you know, they want to experience the city life which i can’t blame them for. Places like friesland and groningen are dealing with a shortage of people, because no young person wants to live where only old people and farmers live. But eventually i trust that this problem will blow over
Ik dacht er vroeger over na 25 jaar terug te komen naar Nederland. En ergens wonen natuurlijk. Maar dat station is passe. Toch is de situatie niet uniek. In de 50tiger jaren was de woningnood nog nijpender. Verplicht iemand laten inwonen als er een kamer over was. Daar moet je nu toch niet meer aan denken. En natuurlijk is het ook, minstens sinds die tijd, moeilijk om aan betaalbare woonruimte te komen. Je kunt hooguit zeggen dat in zeer vele decennia van woningnood de situatie nu het ergste is sinds de vijftiger jaren. Maar ook ik moest al 4 jaar ingeschreven staan in Utrecht om aan een kamer te wonen en woonde tot die tijd bij mijn moeder in Utrecht. Niet als student maar als werkende met een inkomen. Dat was in de 80er jaren. Een kamer! geen woning. Na een paar jaar wilde ik iets groters. Vrije sektor was ook toen te duur, en bij de sociale woningen was een wachtlijst van 6 tot 8 jaar. Ben naar Almere gevlucht (dat was niet zo erg als gedacht gelukkig). Toen ik naar de dertig liep en goed ging verdienen kon ik nog net een oud en slecht onderhouden flatje in Utrecht kopen, wat ik deed. Tophypotheek met anderhalf keer modaal... En een paar jaren later kon ik in het buitenland gaan werken. Vanaf een afstand zie je eigenlijk hoe uniek slecht de situatie in Nederland is. De gekte is er al vele decennia, niet de laatste 5-8 jaar zoals in de omringende landen. Buiten de Randstad kun je nog wel wat krijgen. Huren niet natuurlijk, het lijkt wel of er een algemeen verbod is op huren, zo moeilijk wordt het je gemaakt. En zo miserabel veel van de huuurwoningen. Dat dwingt de mensen de veels te hoge prijzen te betalen en zo het pyramidespel in stand te houden. Maar die bitterballen en een frikandel speciaal, tja dat mis ik nog steeds af en toe.
All by design. Same story in many countries including Canada and Australia. Low interest rates and easy credit also played an important role in creating this housing crisis. I think the push here in The Netherlands to get rid of our farmers is to free up more land for beautiful concrete apartments like they built in Amstelveen. The goal seems to be to turn our country into one megacity (Tristate city overflowing into Belgium and Germany) while saving the environment from farting cows.
i dont know if i lived in this country for too long now, but that room honestly seems like a bargain. There is a 15 m2 appartment in Amsterdam going for 350.000 at the moment
Is there a website to look at waiting times for different Dutch cities and localities ?
good video. Groetjes uit Nederland.
How many of the policy makers are landlords, or have donors/friends who are landlords? Most of them I would say. They have deliberately let things get this bad so prices will skyrocket earning themselves and their buddies a nice income. It is the same in the UK, and I would imagine most other countries.
Canadian here.... same issue. Passive income sucks.
It's happening all over the world indeed...
@@jedu_youtube All over the world might not be precise. For example, in China, many apartments are waiting to be sold. I tried to sell one of my houses, it has been listed more than 1 year, but it still looks difficult to be sold😄😄
International students have become a cash cow for Dutch Universities. While this might benefit the universities in the short term, it is not really in the best interest of Dutch society if it is contributing to a massive housing crisis.
im kinda laughing at this as a german with even more regulations and bureaucracy knowing many contruction companies building in the netherlands cause its easier... :>
Is it the same situation in Germany?
@@jedu_youtube well i guess its different. As far as i know the netherlands is more populated per square kilometre so its different. And i guess people moving from rural areas to cities is a world wide phenomenon. So there are ghost town or rather villages especially in the economically still weaker east, but not as bad as in italy. There was a nice video about construction companies of germany prefering your country cause it isnt so bureaucratic and has lower regulations compared to us by a satirical format called extra3. Im super pro migration, germany needs it so much for demographics not just cause its humanitary. But if i remember the numbers correctly five times more people came here than appartments were build and the goverment even reduced social housing spending very much. Of course the real estate and tenting market was horrible even before that. I remembering my sister studying in leeuwarden and in case of a fire you have to get out over the balcony going over like 3 or 4 flimmsy tarpaper roofs and jump down like 3 metres to be on the street... Thatd be impossible in germany! ;D
Yeah, so in other words to any expacts thinking of coming over here. STAY AWAY. I was born and raised in this country, and I'd like to be able to afford a home before I retire.
I advise young people to ask for asylum in another country. People need to understand that real estate in big cities like new york are vehicles to park money for individuals and institutions. Average local population cant compete vs expats or foreign students who have rich parents. Every non Dutch person that works or studies here have a house, on the bottom refugees take houses but also people that had a family which are adults now but still holds a family house and if they move they pay the current rent which can easily add up to150 - 200% of the current rent for a smaller house! Also all those environment laws carbon emission laws EU import taxes and fuel taxes easely double the cost to build a house! ps pooping cows increase carbon but nobody adds immigrants and refugees to the carbon emissions!
You forgot the social housing corporations that went broke in 2008 over their ill advised investments. Their sole reason for being was social housing. Nobody took over their role and their money is still gone. And their managers are still in the Bahama's.
House occupancy went down dramatically, sixty years ago the boys shared a bedroom, the girls and the parents. Spare rooms were rented out to singles who paid rent, nurses, students, others. Thirty years ago every kid got its own bedroom. Now each kid has its bedroom at mom, and one at dad... and nobody rents out an extra room, it becomes a study or playroom. Though the houses got bigger and thus more expensive. So we need ten times more houses than sixty years ago, but also want to keep some open space between the cities and parks in the cities. There simply isn't enough space. And though the Dutch population is shrinking, companies keep importing immigrants. The number of refugees is rising every year. It is like keeping pumping while the tire is full, it is going to burst.
Yeah it's crazy how times have changed. It's going to take a while before a (possible) migrant slowdown and the building of extra houses take effect. Meanwhile most of my friends are struggling to find an affordable house.
@@jedu_youtubeMany decades politics think that the only way to keep the economy healthy is growth. But if all sectors are growing, open space and nature will shrink. Your friends do not want an apartment but a house with a front and back garden. That will consume space, and space for infrastructure. Cities grew ten times bigger, but their population only doubled or tripled. Nobody wants to live in a skyscraper... Going on like we did in the time after WWII is not sustainable.
its not only the netherlands, its basically everywhere in the western hemisphere + a lot of asian countries + australia and nz
Everything is really very expensive.
Weird calling housing construction housing production, but great video!
Price caps always exacerbate shortages. It's like economics 101. I'm very much in favour of policy to reduce rents. But trying to impose caps never works.
No, but better checks might help. One student was lucky and managed to get his rent down to 100 euro. According to the point system that was the amount the landlord was allowed to ask for it. In the meantime this boy had paid 1900 euro a month. But if you are unlucky, your landlord knows where you live and can respond very aggressive. Those shit excuses for human being will shout at you if you are complaining the gas doesn't work and your front door is broken.
The current influx of people is roughly 55-88,000 a year. That means we need to build a city like Delft every 2 years!
I've heard that they are doing good job with housing in Wiena
I think there's a whole bunch of other stuff playing a big role too which isn't mentioned. For instance, due to the amount of regulations (some of them bullshit), you now do have a far better home than you did in 1996. Especially when renting. I'm from Belgium and our laws are insane when it comes to getting a home up to code to rent out. It's literally at the point where people who have 2 homes (like 1 they bought at the end of their carreer as a retirement income plan), now have a home they live in which is in far worse condition compared to the one they rent out. The amount of insulation and self sufficiency is pretty great, many homes today use less than 10% of energy compared to a home in 1996. And solar panels have gone down so much in price you can get them for like 5000 euros for a family sized home. The home quality has gone up significantly, I mean just compare a USA home to a western european home, they're 2 different things. Furthermore, prices in and around cities have gone up so much it's ridiculous, but you can just move away from the city and pay like half the price for a home. Of course that's not always possible when you have work within a city etc. but it seems much more viable every day because of work at home options.
Yes for a lot of people living outside of the city centre is the only option. I have friends who lived in a bigger city their whole live but now bought a house in a smaller village, simply because the city was too expensive.
Belgium is also way cheaper than the Netherlands while the difference in income is not that much. Dutch supermarkets used to be cheaper, but that changed 3 years ago. A problem is that when the Dutch move to Belgium, they bring up the housing prices. Meaning renting a student house in a village near Maastricht will cost you more than in the center of Antwerp.
Same in whole EU and no matter on what side you are anybody must admit that immigration is big factor millions of people over years will strain the system. Also overal government policies with ad hoc green deal is a factor. We need save the planet mining, heavy industry etc bad. are you insane have steel and concrete factories? Now we are in place that we must import everything even basic materials and that cost money, on top of that heavy transportation bad mentality there in another deterrent/punishment cost added not mentioning supply chains crunch. All this make construction insanely costly. Something must give if you want spring affordable construction you need produce materials domestically is that simple. Also i would not use China as example of how something works, all that massive construction whole ghost cities are product of speculations, ponzi schemes and PR of party and they are now demolishing them also all that is tofu-dreg projects crumbling under hands absolutely uninhabitable
Yeah, I'm generally pro-immigration. But continuing to import more people when you already have a housing shortage is just absurd.
well at least we europeans can tap ourself on the shoulder while the world goes up in flames! :D
@@andybrice2711 Irony is that most people are pro immigration even those you would label as anti they just want some process in place not completely free entry. Also you must deal with domestic issues people will sour and ultimately go antagonistic if the are vast homeless tent cities, crumbling roads, undrinkable water etc. and there are thousand of people entering every day that tax payers must pay for.
i hope this video gets more popular as i think this is a serious problem, well i cant be the only who thinks that, eh?
It is a serious problem... But unfortunately I think it's gonna take a while
Hi from Australia, its worse here.
Depends on where. Heard from someone that there are places in Australis where you can afford rent with minimum wage. In the Netherlands I have yet to come across a place like that. You do have Germany and Belgium nearby though, so it isn't bad if you don't mind migrating.
Ever since the late 1960s the birthrate in the Netherlands has been below the replacement rate; the rising life expectancy has a tiny effect on the population size. Immigration is the reason why the population keeps growing. There is another factor that causes the housing shortage; smaller households. Lots of single person households. Among the elderly, lots of widows, few widowers. And with few *bejaardentehuizen* the elderly can't move on, which in turn means others can't move on.
🎉
An increase in population = An increase in non-contributing African and Middle-eastern migration,
Who is facilitating their entry and housing ?
@@constantine495the previous Dutch government of course.
@@hamzahnurreez8420 Why would they ? What motivated them ?
They are not in charge of the laws. Blaming the wrong people. BLAME YOUR FUCKING GOVERNMENT.
I am dutch You did a good one on this Top
The Netherlands will surely sink further below sea level if we keep building more apartments until all our productive farmland is covered in concrete.
How to buy a house: pay off debts first! put away 500-1000 euros a month take 3% interest (or more). After 10 years you should have 64-140k and buy something. The religion of being 18 start working and being entitled to buy a house is a fallacy. If you can even put away 500-1000 a month (thats the excuse I hear a lot). Your income is too low or your life style is too expensive, dont buy that 5 euro starbucks coffee if you want a house and bring your own sandwiches to work you cant afford it period). One can work more than 40 hours a week as well. Buying a house is no joke one can add 10% cost after you buy it and if you dont have a 0-30 year old concrete house you pay massive if you need to renovate or repair it, buying a house with a partner is a huge risk and liability and extremely expensive if you end the relationship and have to sell the house. Rent something outside the city and take 1 or 2 housemates if you must, take in a student and if that is not allowed act like your in a relationship to bypass the rule. If you have a job under 60k a year go look for one and study in the evening so you have the qualifications for one under 60k it will be hard, around 60k you be able to buy something small because that is roughly what an expat makes a year at the very least and they will buy it if you offer below.
3% rente waar? En hoe kan iemand 500-1000 wegleggen elke maand? Dan moet je 3k+ netto verdienen én weinig huur betalen.
@@KaleBats-pj4ud Levensstijl aanpassen en gewoon een broodje kaas eten op werk. Je kan trouwens meer dan 40 uur werken per week. Als je maar 2k netto verdient kun je geen huis kopen, mensen met een laag salaris hebben nooit een huis kunnen kopen.
(While china build with chinesium which will deteriorate in 0-5 years.)
But this is not just in the Netherlands but even in other parts of the world..
True, in europe however, it is worse in the Netherlands and Ireland. In Ireland it's worse I think.
Karma for going to Africa.
@@MaryJaneJones. do you even have 💧 and 🚿
Instead of finding someone to blame I would start thinking solution. Give me technical director position then 3pcs 4 floor levels small apartment buildings start coming per day, each including 16pcs small single person apartments and 4pcs small 2 person apartments (around 15000 apartments per year). Loan payback time in 8,5 years. I quarantee under 700e rent fully furnished for single person. Project plan include latest renewable energy innovations to be 100+% electricity self sufficient (+ pre installed desalinated water subbly option connections) . Buildings can be assembled and removed in 1 day to any sufficient space with needed pre preparations and grid connections. I know exactly where to find qualified workers, materials and partner companies. Dear housing minister of Netherlands, I hope you hear this message and get in touch asap so that we can start project without delay.
The most dumbest solution I ever heard.
And then people are sheep who ask government to increase houses in the same city. Nope. Ask government to increase the number of cities i.e. cities with jobs. Or change the municipal borders of the city. You cannot have infinite densification. People have preferences. Ofcourse, this is more of an issue in bigger countries than in Netherlands.
Came yo Sweden, here hoises are moee big and cheapers
Why are Dutch houses so expensive ......the VVD is the reason
Well let's see if anything will change now that there was a big shift after the elections
Job Cohen, Lodewijk Asscher, Klaus Schwab etc etc etc
gelukkig hebben we nu geert wilders die alles gaat fixen, toch?
hahhahaha 😂 tuurlijk, moet lukken toch
Dat moeten we nog maar zien!
my grand-grandmother owns a house in Leiden which is worth Millions of Euros now lmao
Why not just let some of the house builders compensate some farmers for giving up their cows?
Part of the issue is that they don't want to give up their cows at all. And fair point, it's their way of life after all. Difficult situation for sure.
@@jedu_youtube The farmers are not one thing. They are not one entity, one mind. There are thousands of individual farmers in the Netherlands. So it is very likely (practically certain) that some of them would be willing to change their farming approach through incentives. All that one needs is to have an auction type of mechanism that all farmers know about. The way it works is as follow: 1. A yearly budget for buying cow rights from farmers get set. E.g. 10 million € in the first year as a test. 2. The auction runs for a limited time. Let's say 1 month. During this time, every farmer has the right to give bets to the system. Stating how many cow rights they would be willing to sell and at what price. 3. When the auction ends, all bids are ordered by price per cow right. 4. The 10 million € get spent on buying up the cheapest cow rights. 5. It is ok for a farmer to backtrack from a bid that the system is trying to buy. In this case, it will automatically try to buy the next cheapest available cow rights that it has not bought yet. 6. It should be noted that if politicians would want to increase the speed of this process, they could just decide to ramp up the incentive from e.g. 10 to 30 million Euros right in the first year after farmers have given their bids. Or do I have this entirely wrong and there are no "cow rights" (rights to hold cows) in the first place? To be clear: I'm not saying that I think it would be a good or bad thing for farmers not to hold as many cows in the Netherlands. As I haven't looked into the details of the situation. But at least this system doesn't take anything away from people. Rather it gives them options and thus they can choose what they want.
the music is too loud
The real problem is that housing is a market. There, I said it. Sue me.
But I was told by the not just bikes channel that the solution to the hosing crisis is to be like the Dutch 😂
So basically... we're screwed 😅
In the USA, maybe. Infrastructure is great in the Netherlands. But unregulated or underregulated housing market a bit less. Student housing is way better in Belgium. In the Netherlands they say installing smoke detectors is too hard.
Ironically, the Netherlands also has labor shortages. 🤣 Just fucking kill me already.
who believed that if you keep importing people in the most dense populated country on the earth housing prices would go high xd
Why don't they invent an ecological way for cows to poop?
Some feel it's a political move to divert the blame on the farming community and expropriate their land for housing construction. In short, its an engineered crisis.
I'm Canadian. We have those same issues and we have for a long time. Pointing a finger is easier than asking how to fix things. The idea of repealing subsidies for first time buyers is laughably useless so let's do immigration. What do immigrants do in your nation? Are most of them in STEM making lots of money? Or are most taking low wage jobs keeping prices low? Get rid of immigrants maybe house prices come down. All other prices definitely go up.
Sounds like Canada 😅
Thats one problem with living in the greatest country on earth
Can't win 'em all
Build more houses, that is the solution! Good luck, Nethelands.
And woonplicht. Otherwise investors will just buy them.
Can’t buy a house because too many cows poop 🫣😂
The issue is very clear. The government wants to push low-income citizens. This is the first move towards capitalism. Immigration has almost 0 to no effect on housing. The Land is owned by the government, they can give every Dutch citizen a piece of land for free and I can assure you no immigrant would object to this. But then the house prices (Also land prices) will fall and the banks will be in debt due to NHG and the government's assets will also be less valuable. Simple capitalist rule: If the average-income people won't have hard times then they will start questioning the ruling class.
Two things need to be done. Curbing the notion of housing being an investment and the government stop bending over to farmers. The amount of clout farmers hold in this small country, is disproportional to what they provide. It's easy to point fingers at immigrants, but the truth is they are desperately needed. It's already difficult to bring talent to NL, if you make it more difficult, the country's economy will become unsustainable.
They also need to stop immigration, it is completely unfeasible.
How about the government just stop it with the arbitrary climate goals and prioritize its people. The farmers in the Netherlands are among the most efficient in the world.
It's tricky indeed. The government is also getting rid of tax benefits for expats, so future talent might not move here. Something needs to be done. And there's no perfect solution.
Where's the talent in this pool of immigrants? Making kebabs and falafel isn't a needed talent.
The illegal aliens are on government benefits. A higher percentage get more welfare benefits than the Dutch citizens.
Failed state