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I guess you are in a high-income bubble. The average per-citizen income in Amsterdam is € 28,700. That gives you a max mortgage of 130k. I was able to find a 29
by systemtest 8y ago
I guess you are in a high-income bubble. The average per-citizen income in Amsterdam is € 28,700. That gives you a max mortgage of 130k. I was able to find a 29 square meter studio for that amount, just outside the A10 ring.
So, an average income in Amsterdam gives you access to one single property currently on the market of 29 square meter.
- jypepin 8y agoI am indeed very high income compared to the average (dual income working for a US company) but I believe what you say here is true for most markets? If 2 average income citizen want to buy a house, that gives them access to 260k mortgage, which offer access to property. But yes, Amsterdam indeed is an expensive market. The different with a lot of other places is that outside of the city is still very affordable and liveable (lots of public transport, safe, etc). Unlike most big cities.