Housing Affordability in Amsterdam

VAN DOORNINCK:

I think where we’re doing bad is that the prices of our houses are far too high. The biggest worry that people in Amsterdam have is, “Can I pay my rent, or can I pay my mortgage, or actually, can I live in Amsterdam?” Because it’s so expensive. And that is such a strange thing because we calculate our G.D.P., so how wealthy the city is, by the prices of our houses. So, we say, “Okay, we have very expensive houses, so we are doing well. We’re a rich city.” But actually, we’re saying, “There’s no access for a lot of young people, but also older people because it’s far too expensive.” So, how could we say that our city is doing well?

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