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Debate House Prices


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Topic for debate

Discuss

Netherlands
Population density - 393 people per square kilometre
Average house price - €4,271 per square metre

UK
Population density - 244 peopl per square kilometer
Average house price - €15,187 per square metre
The Dutch housing market saw the steepest price decline on record in July, continuing the trend of recent months.

Prices fell 8% year-on-year, statistics bureau CBS reported on Tuesday, the worst slump since the agency started records 17 years ago.
http://www.opp-connect.com/index.php?option=com_postwebsites&view=postnews&id=437

http://www.globalpropertyguide.com/Europe/square-meter-prices

Comments

  • abaxas
    abaxas Posts: 4,141 Forumite
    Hamish wont let it happen.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 22 August 2012 at 5:28PM
    macaque wrote: »
    Discuss

    Netherlands
    Population density - 393 people per square kilometre
    Average house price - €4,271 per square metre

    UK
    Population density - 244 peopl per square kilometer
    Average house price - €15,187 per square metre


    http://www.opp-connect.com/index.php?option=com_postwebsites&view=postnews&id=437

    http://www.globalpropertyguide.com/Europe/square-meter-prices

    my calculations are that the average house in the netherlands has a footprint of approximately 50-55 square metres, whereas the UK average is apparently 13 square metres.

    13 square metres is a box approximately 3.6 metres square (about 140 square feet), otherwise known as one pretty small double bedroom.

    so, the outcome of this discussion is that the price / square metre figures are clearly nonsense (definitely for the UK and probably for the netherlands as well as 50sq metres is a 1 bed flat).
  • Macaque 'forgot' to mention
    Average per square metre (sq. m.) prices in US$/€ of 120-sq. m. apartments located in the centre of the most important city of each country

    The desperation index is reaching new highs.
  • robmatic
    robmatic Posts: 1,217 Forumite
    Macaque 'forgot' to mention



    The desperation index is reaching new highs.

    That's a bit of a fail.

    Upmarket areas in Edinburgh are about £3000/sq. metre so maybe they're due a bit of HPI?
  • my calculations are that the average house in the netherlands has a footprint of approximately 50-55 square metres, whereas the UK average is apparently 13 square metres.

    13 square metres is a box approximately 3.6 metres square (about 140 square feet), otherwise known as one pretty small double bedroom.

    so, the outcome of this discussion is that the price / square metre figures are clearly nonsense (definitely for the UK and probably for the netherlands as well as 50sq metres is a 1 bed flat).

    You have to remember that macaque is a leading light in the so-called 70% club.

    My understanding of its objective is to ensure that all statistics given are at least 70% wrong - either way - compared to true figures.

    To be a member, you have to prove that you are financially illiterate and cannot use a calculator. You also have to agree to be buried 20 foot deep when you die [because deep down, they're nice people].
  • ash28
    ash28 Posts: 1,789 Forumite
    Mortgage-free Glee! Debt-free and Proud!
    macaque wrote: »
    Discuss

    Netherlands
    Population density - 393 people per square kilometre
    Average house price - €4,271 per square metre

    UK
    Population density - 244 peopl per square kilometer
    Average house price - €15,187 per square metre


    http://www.opp-connect.com/index.php?option=com_postwebsites&view=postnews&id=437

    http://www.globalpropertyguide.com/Europe/square-meter-prices

    Except the average property in the Netherlands sold for 214k euros in Q1 2012 - .

    The figures you're quoting for the Netherlands are for The Hague and Amsterdam.

    Your figures for the UK would make the average (80 square metres) house £1.2million.

    The figures you're using are for Central London and other upmarket areas of London.

    The info is from the links you provided.
  • purch
    purch Posts: 9,865 Forumite
    Who would want to live in Dutchland anyway ?

    Most of the country is 6 foot below sea level (and falling :eek:) and they make you wear wooden shoes in case the dykes burst.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    macaque wrote: »
    Discuss

    Netherlands
    Population density - 393 people per square kilometre
    Average house price - €4,271 per square metre

    UK
    Population density - 244 peopl per square kilometer
    Average house price - €15,187 per square metre


    http://www.opp-connect.com/index.php?option=com_postwebsites&view=postnews&id=437

    http://www.globalpropertyguide.com/Europe/square-meter-prices

    OMG! Prices in Holland are soooooo cheap! Thanks for that info macaque.


    Wookster wrote: »
    Headlines:
    1 in 4 homes in negative equity forecast in Summer 2013
    Borrowing up to 12x income

    No, its not somewhere in Southern Europe but in Holland!

    Full article here: http://www.reuters.com/article/2012/08/20/dutch-property-crisis-idUSL6E8JGBS920120820

    Oh no!! Prices in Holland are soooo expensive!! A bubble about to burst!! Thanks wookster.



    So which is it?
    And does it really matter to me?
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