Hot Property The Housing Market in Major Cities
This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand i
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Hot Property The Housing Market in Major Cities
Hot Property
Rob Nijskens • Melanie Lohuis • Paul Hilbers • Willem Heeringa Editors
Hot Property The Housing Market in Major Cities
Editors Rob Nijskens De Nederlandsche Bank Amsterdam, The Netherlands
Melanie Lohuis De Nederlandsche Bank Amsterdam, The Netherlands
Paul Hilbers De Nederlandsche Bank Amsterdam, The Netherlands
Willem Heeringa De Nederlandsche Bank Amsterdam, The Netherlands
ISBN 978-3-030-11673-6 ISBN 978-3-030-11674-3 https://doi.org/10.1007/978-3-030-11674-3
(eBook)
This book is an open access publication. © The Editor(s) (if applicable) and The Author(s) 2019 Open Access This book is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence and indicate if changes were made. The images or other third party material in this book are included in the book’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the book’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Foreword
Amsterdam: the city with the highest house price rises in the Netherlands and, in 2017, also in the Eurozone.1 I live in this city, so I have witnessed these soaring prices at first hand. Like many capital cities, Amsterdam has led the rebound in the Dutch housing market, which started in 2013. Prices here began to take off and within a few years were growing at annual rates of over 15%. A similar story can be told about other large cities in the Netherlands. And more recently the rest of the country has followed this trend, albeit at a slower pace, which means that house prices are now rising everywhere. My work takes me all over the globe to the world’s m
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