There is still huge demand and high prices for properties in Drenthe and Groningen
Residents in the Northern Netherlands are still struggling with buying a house, reports the Asser Courant. The Coronavirus outbreak seems not to have affected house prices: with demand still enormous and prices equally high. Even in the Northern Dutch countryside the demand for owner-occupied homes is at a high.
The overall structural issue contributing to the problem is a general lack of supply in the region.
“Even in the windmill area, the houses are so gone,” says Wim Stuursma, press spokesperson for the Dutch Association of Estate Agents (NVM) department Drenthe.
The Coronavirus may have put the entire country on ‘pause’, but for the time being, it has had hardly any impact on the housing market.
Stuursma, a real estate agent in Borger and Stadskanaal, describes the current housing market in four words: “Short supply, high demand.”
Sirk de Jong, press spokesperson for the NVM department in Groningen says; “despite all the gloomy predictions, including from the director of the Dutch Bank Klaas Knot, we are not experiencing a negative impact through the Coronavirus outbreak on the housing market. There is still a shortage. People have to live anyway. Moreover, the mortgage interest rate remains virtually unchanged.”