Thanks to tax breaks, low interest, insufficient construction, and lots of labor immigration, home prices in the Netherlands are increasing at 8% per year.
That way, Dutch home owners (60% of them over 55) are amassing another €170 billion in wealth this year alone.
To put budgets in perspective.

@Sustainable2050 Steve Keen offers a refreshingly different perspective on cause of housing bubble and what to do about it.

https://youtu.be/ysHZCI0WpXE?si=P8nbOAKfqz1wslZ6

“Brutal Truth: UK Housing Market 2025" Top Economist warns

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