Damn it! It seems that some unpleasant news is out about the ECB is financing Spain with 375 billion Euro through the back door. Some jerks dare to write about it:
Study while others are sleeping; work while others are loafing; prepare while others are playing; and dream while others are wishing. - William Arthur Ward -
Implications, I don't know
I live in Belgium and I'm not a specialist in Dutch real estate.
But I think it has nothing to do with speculation. If the household money decreases (due to loss of jobs) and a late payment, the banks will have a possibility to seizure. This wil result in more houses on the market and lower prices.
I don't see a problem if there is no loss of jobs.
Study while others are sleeping; work while others are loafing; prepare while others are playing; and dream while others are wishing. - William Arthur Ward -
Spruitje wrote:Implications, I don't know
I live in Belgium and I'm not a specialist in Dutch real estate.
But I think it has nothing to do with speculation. If the household money decreases (due to loss of jobs) and a late payment, the banks will have a possibility to seizure. This wil result in more houses on the market and lower prices.
I don't see a problem if there is no loss of jobs.
Not high but rising, many Dutch home owners under water ..