Post
Topic
Board Economics
Re: Advice on buying a house (Netherlands, Amsterdam)
by
bigtimespaghetti
on 10/07/2015, 20:19:16 UTC
Real estate is on an all time low period. So it doesn't really matter where you put your money to. Since , Berlin is the new hotspot of investors ,go for it. Also you should compare the construction rates , and mobility from your property. Real estate will take up some time to grow , but gradually it will climb up. Amsterdam also has a few rules , which were liberalized recently.

I agree, I think real estate prices are low, probably cant go too much lower.  Also interest rates are at historic lows.  A house is a long term investment, for me it was a no brainer.  Good luck with your house hunt.

Thanks MF.

Amsterdam is one of the nicest cities I've been to, and would love to go back there, even to live for a year or two.

I'd do a quick financial scenario analysis between renting and buying and keep an eye on what's available for sale on the market.

I think I'm in a little bit of a middle class bubble here compared to the rest of the Netherlands, despite the crime being highest here compared to the rest of the country I haven't had much trouble, but I am lucky enough to live in the centre right now.

Is crime an issue there?  I was only there for a week a couple years back, but every interaction I had with anyone was pleasant.

So are you currently renting the place that you're in?

Another option would be to entertain the thought of buying a place with income producing potential.  I'm currently searching for this type of property in Toronto.

Crime isn't really an issue, no. Crime is highest in Amsterdam in all the netherlands. If you are wise you will not put yourself in harms way. Junkies and criminals are not a major worry, I do not go out late or wander the city in the early hours so I almost never encounter them. There are plenty of gross men out and about of all nationalities, which accost any women. It's pathetic behaviour and gives extremist feminists more ammunition, from the way I've seen some disgusting assholes act I almost don't blame them.