The European housing market has been disconnected from the rest of the economy since the corona pandemic broke out. Risks to banks have increased sharply due to higher prices, looser lending standards and rising household debt. In the Netherlands, existing owner-occupied homes became on average 15% more expensive in 2021, the largest price increase since 2000. About this increase, Dirk Schoenmaker, Professor of Banking and Finance at RSM, says that he continues to find it very strange that the authorities in the Netherlands put their hands down and do nothing to constrain the market.


  • Dirk Schoenmaker
    Role: Faculty
    Reference type: Quoted

Media Outlets

  • Het Financieele Dagblad (Online)