IDEAS home Printed from https://ideas.repec.org/a/taf/eurjhp/v2y2002i2p167-181.html
   My bibliography  Save this article

Capital accumulation via homeownership: the case of the Netherlands

Author

Listed:
  • Peter J. Boelhouwer

Abstract

In this contribution, the possibilities of capital accumulation via homeownership in the Dutch context are described. We conclude that there is dichotomy in the Dutch housing market, where in particular households owning their own house before 1992 have seen their capital grow strongly and have profited from this development both in and outside the housing market. This growth was made possible by the strong increase in house prices, the ample financing opportunities, the fiscal facilities and the limited supply of newly constructed high quality owner-occupied houses. In this context one can speak of a lever operating generated by the owner-occupied housing sector. The baby-boom generation profited most from this operation. On the other hand, those households which have not yet, or only recently, entered the owner-occupied housing sector, are confronted with enormous risks. In addition to the risks for individual houseowners, there is also a risk that the stability of the Dutch economy will be damaged because house price rises which go together with a long-term substantial credit expansion can become detached from the underlying fundamental factors.

Suggested Citation

  • Peter J. Boelhouwer, 2002. "Capital accumulation via homeownership: the case of the Netherlands," European Journal of Housing Policy, Taylor and Francis Journals, vol. 2(2), pages 167-181.
    • Handle: RePEc:taf:eurjhp:v:2:y:2002:i:2:p:167-181
    DOI: 10.1080/14616710210140358
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14616710210140358
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14616710210140358?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mark Stephens, 2003. "Globalisation and Housing Finance Systems in Advanced and Transition Economies," Urban Studies, Urban Studies Journal Limited, vol. 40(5-6), pages 1011-1026, May.
    2. Ebner, André, 2013. "A micro view on home equity withdrawal and its determinants: Evidence from Dutch households," Journal of Housing Economics, Elsevier, vol. 22(4), pages 321-337.
    3. Teye, Alfred Larm & Ahelegbey, Daniel Felix, 2017. "Detecting spatial and temporal house price diffusion in the Netherlands: A Bayesian network approach," Regional Science and Urban Economics, Elsevier, vol. 65(C), pages 56-64.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:eurjhp:v:2:y:2002:i:2:p:167-181. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REUJ20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.