The problem is that it really adds insult to injury.
In the aforementioned situation, the home owner is both creating equity and saving 25% extra each month.
It creates a very broken situation. But the Dutch government has coddled home owners for four to five decades already. And the real estate market is often zero sum, where advantaging one group disadvantages another.
Time to make home owners bleed for a couple of decades. Balance must be restored.
In the aforementioned situation, the home owner is both creating equity and saving 25% extra each month.
It creates a very broken situation. But the Dutch government has coddled home owners for four to five decades already. And the real estate market is often zero sum, where advantaging one group disadvantages another.
Time to make home owners bleed for a couple of decades. Balance must be restored.