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Up to the 1990s it was possible to buy a home on a single income in NL.
by the-dude 5y ago
Up to the 1990s it was possible to buy a home on a single income in NL.
- gruez 5y agoSource? At least in the US mortgage payments (adjusted for interest rates and inflation) have been trending down since the 90s. https://awealthofcommonsense.com/wp-content/uploads/2021/03/Screenshot-2021-03-20-101503.jpg https://awealthofcommonsense.com/wp-content/uploads/2021/03/...
- the-dude 5y agoNo sources, purely anecdotal : Our parents were single earners and home owners I have peers who bought houses in the late 90s on a single income You can use Dutch bank's mortage calculators to see you can't buy a shed on a single income I read on a Dutch news site this year that even for double earners, home ownership is not feasible in some cases Banks won't give out mortages for say € 700 / month, forcing these individuals to rent on the private market at € 1000+ a month.