IDEAS home Printed from
   My bibliography  Save this article

Capital accumulation via homeownership: the case of the Netherlands


  • Peter J. Boelhouwer


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, August.
  • Handle: RePEc:taf:eurjhp:v:2:y:2002:i:2:p:167-181

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

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


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

    Cited by:

    1. 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.
    2. repec:eee:regeco:v:65:y:2017:i:c:p:56-64 is not listed on IDEAS


    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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.