What to do about rising rents? | DW Documentary
ฝัง
- เผยแพร่เมื่อ 10 มิ.ย. 2019
- Housing shortages and rising rent costs: a growing problem for big European cities like Amsterdam. We accompany Amsterdam locals as they search for a place to live, and find out what impact rising rents are having on the development of our cities.
Wendy Bijwaard is looking for a place to live after separating from her husband. For years she’s lived in Amsterdam-Oost, where she has her job, her two children’s schools, her friends and hobbies. But will she be able to stay there? The 52 year old earns well and could afford an apartment in the Dutch metropolis. The only problem is - she’s been unable to get anything. For the sake of her children, Wendy isn’t giving up. For now, she’s found a temporary abode with friends. But by the summer she will have to have found a new place to live.
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Housing is a problem in San Francisco, London, and Ontario Canada. The gap between the rich and poor is widening.
Ah it's always rich, politicians or immigrants fault, never our own (low skilled or too lazy), it's easier to live this way and blame others, right?
In Ontario you still buy home in small towns and cities in $400 thousands dollars. In Amsterdam you buy a boat house in 1.5 million. Canada is still very good housing wise.
So is in Tokyo, Singapore, Hongkong, its a problem in major urban center
@@43lk Even if you are skilled in something prices are getting ridiculous. If you make $60K a year that won't cut it in San Francisco. That's no a bad salary. Housing prices rise faster than you can earn. Meanwhile the wealthy are stacking piles of cash. Nothing wrong with wealth, but when the few take most, it will eventually cause unrest.
People mostly like to live in city center.that is the Culprit
Best decision I ever made was moving out of Amsterdam into the country. Affordable housing, friendly people, close to nature.
i sometimes think this would be a good choice but tell me have you noticed any lack of leizure options? i mean you live into the country isn’t it hard without malls, theaters, library all that?
Affordable housing? 😂 Maby compared to Amsterdam, the whole country is fuckt in terms off housing.
@@rafaelsmith2891 u do realize u can Just take a train to a mall or theater libraries are most Likely in towns too
This is only possible in Europe. USA is so selfish. Plenty of land, but zoning permits aren’t realized
nature in netherland ? lmfao
The lack of affordable housing worldwide is a genuine crisis. Beyond supply and demand, it's all about money and profits.
This real estate business is gradually ripping off one's rights to avail basic housing facility
scared that it will leave many people homeless in future especially in the major cities around the world
the govt must provide subsidized housing facility
Don’t forget that AirBnB is also partially responsible
But only in larger cities. Rural areas are increasingly dotted with "ghost" villages and towns. Governments are paying people to relocate there and take up residence in abandoned houses.
not true. china has tens of millions of empty condos. so, what is the problem you ask? bad management of resources. we got people running the governments who do not know how to manage resources. pure and simple. if you see the rents going higher, what is the simple solution? build more housing. supply and demand.
When i was a little kid i asked my great grandmother if she would like to relive her life. She was 93 in 1991. She replied with a definitive hell no! I did not understand why, but i think i do now. 90% of population are just fancy slaves. Work, sleep, eat... get alot of physical items and other crap, get burnt out... Whats the point..
95%... The point is to not be like them :)
That's Nihilism.
I hear u.....I myself I'm one of it here in Toronto I live to work not work to live.
It's always been like that. Differemce is technology, democracy, and life expectancy.
@@PK-re3lu How's that working out for you?
I have just left homeless accommodation after 9 weeks of waiting for local authority housing. I now have a one bed apartment and am so terribly grateful to the services that helped me here in Scotland. Feel very sorry for people struggling to gain housing and the lack of stability, it can be horrendous for mind, body and soul. x
Enjoy.... and I know you appreciate it.?
Sorry about the question mark..done in error
Who needs to move when in Southeast Asia we don't have to worry about that. Most kids here grow until 50 and still live with momma. And momma doesn't mind so long as the big adult asian baby is contributing to the bills and expenses. Same as me 😂 I am 23 years old working and saving up money and still living with momma and dadda. But I don't mind the stress. Cuz here in Southeast asia it doesn't matter. Just help with the expenses in the household. My only concern everyday is buying all the things I need and all the foods I want. 😂😂😂
I am in Houston, Texas and cannot get my homeless 64 year old veteran friend housed. I have applied for him at 6 low income senior apartments and the wait list is 9 months - 1 1/2 years. The day he gets housed I will let you know the actual time it took.
@Mildly Amusing Channel compassion??? Others don't care about me so why should I give it? 😂
Everything is getting more and more expensive around the globe. The wages hasn't improved drastically.
Yes I agree with you but our Wages do NOT go up inflation which prices the Normal people out of certain accommodations but the Elite have 2-6 properties the greedy buggers, not right, and I wonder how many theses Elite properties are Empty they can’t live in them all. At once. Cap the rents, Governments NEED to stop landlords increasing rents asap
It's the price to pay for Globalization. Blame the " One World View " people, that takes everything away, even your identity.
It's forcing migration then money still being spreaded moving city to city state to state or country to country buying homes or renting....
The money loosing value. We need to do something with it.
@@Lordosvk Like what? Those older generation people got more for their money like supporting a family with only the father working. If you aren't a doctor, lawyer or government terrorist it's hard to support a family of four as a single working professional.
In the last ten years, the price of houses has tripled.
It used to be that rent was cheaper and mortgage more expensive and now it’s the other way around.
no mortage isnt cheaper... only when u make yourself a slave of the bank for 30 years its "cheaper" (while paying alot of interest during a massive 30 years)
Middle class is going to be destroyed. Even you work full time, the salary after tax is going half to your housing, be it rental or mortgage. Let's admit that housing is a basic need for every human.
Rent should not cost more than a mortgage
@@maggiemae7539 I don't know where do you live, but I live in northern Europe. In big cities, rental is expensive, buying seems scary, but with low interest rate, take 25 yrs of mortgage, it becomes cheaper than renting at each month. Moreover, rental increases each year, but your mortgage decreases as you paid along with very small interest.
In Turkey , minimum wage is 220 euros. Renting a place outside of city centre cost 177 euros with utilities . So thats 43 euro remaining . 1kg of beef mince is 4.7 think about it you cant even buy 10kg of mince let alone travelling and buying house and car . Cheapest car is around 3.150 euros which is 30 year old garbage . And you have to consider %55 of the community works for minimum wage even like me, who graduaded from genetic engineering degree with 3.1GPA .
This what happening in Ireland 🇮🇪! It’s insane .
I make €800 before tax .
€600-580 after tax .
Rent for a two bed can be €1600-2k so €400-500 a week .
€80-100 left for eletricity , prepay phone , food and then broke can’t even afford a pension , heat in winter , basic clothing .
@@Lee-jc1ob Same thing in the UK.
"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt" ~ John Adams (1735-1826)
💯 perfectly chosen quote 💯
*"Let me issue and control a nations money and I care not who writes the laws"* ~Meyer Amschel ROTHSCHILD (1744-1812)
'' I've lifted Iron and Stone and I've never witnessed anything heavier than Debt '' Imam Ali PBUH (599-661)
@@assassins143 Thank You for that, I really appreciate the diversity of thought.
@@terriesmith8219 Yes, a great quote! One I often use myself.
No kidding! Students here in Dublin are paying 500 Euros monthly to share a bunk bed. Single rooms don't go any less than E650 no bills included. Madness!!
Too many people have come to Dublin rents are too high. Raw sewage is overflowing into dublin bay on a weely basis as the drains cannot handle the volume anymore :{
Thats insane! With that money, you can afford a year full furnish room here.
I believe that
@bjprand Wowww
@bjprand I used to live in Royal Docklands in London. Brand new development. The rent in 2004 was 220 GBP/week. In 2019 it's 250 GBP/week. That's not too bad and I was quite surprised as it is a great neighborhood to live in.
This issue is not only is Amsterdam. I have studied at Leiden University in The Hague. It was absolutely horrible. I looked for 2 months for a single room. I have never been more stressed out in my life. Absolutely horrific!!!!!
€1000000 House*
Me: what's so special about it?
Agent: it has a bathroom, 2 bedrooms and a little garden.
350m2 in Amsterdam. Thats 1.5 million
I am living in Amsterdam and true the rent here is outrageous. 4yrs ago I got scammed by a lady who promised to rent me her vacant room. I even got the key! but as soon as she received my downpayment she changed her locks and the police can’t do anything about it. Coming from another country I never really thought that the scammers are all over the place and they would take advantage of people who are desperately looking for a place to live in. Such a mess!
Hope Karma slaps that evil woman down until she repents & quits her evil ways. She should be out in jail imho.😡
Real estate is no longer seen as housing - a human right. It's a commodity, a piece of investment. That is why developers build luxury apartments in areas that desperately need affordable middle class housing. New developments are not for people that live in the area - they are for rich foreign investors.
many non rich own RE, for many thats all they own
Anything necessary has always been a commodity if it is saleable.
The irony too is that some of these rich foreign investors don't actually live in those houses; they just try to make money off them by selling them later on, or as a part of those collection of housing that they own worldwide.
@Christigoth The area of land around a CBD is fixed and any increase in population makes every square metre of that land more valuable and more expensive. Which is why the rich want high levels of immigration. They make a big capital gain when they sell their urban land.
@Christigoth it's the netherlands, there is very little land. But yeah, everyone wanting to live in the "cool" cities doesn't help
my cousin was accepted in the University of Amsterdam to study. He was excited! His parents told him to not go because they wouldn't be able to make ends with rent.
The high price of living and rental in Amsterdam is reflected in hostel prices as well.💯
I’m going on 29 and I still live with my mom and sister in a rented apartment, that’s a bit small for us. I’m not living in NL, this just goes to show that this is somewhat of a global problem. Many of my generation simply don’t make enough money to live alone.
Hi @Dey NM,
Thanks for watching and for sharing your experience! It does indeed seem to be an increasing global issue.
Best,
The DW Documentary Team
Too many people unfortunately. We added almost 7 billion people over the past 100 years. The young generations never stood a chance.
More multikulti and brazylian people.😂Then the situation will definitely improve😂😂😂
The Europeans who lived here from the beginning of their ancestors have now become homeless on their land, with no prospects for the future
@@zuzanazuscinova5209 yes, but when you point out who are pooping out babies and who are declining... and thus who should tie a knot in it..
We all know who will cry racist..
The same people sharing rooms with 5 soyfriends complaining they can’t get a house
Yet still vote left, who brings in more leeches
Peoples' greed. That's what harms the majority across the world.
I was born in Amsterdam (Indische Buurt) 1940. Migrated to Australia 1961. This is the first video I see about my home town. While I am not a national patriot in any way, I'm near to crying watching this video. Sad, very sad, this is not the Amsterdam I grew up in.
That neighbourhood totally changed! I am also from there, and now I live in a different city. The difference between now and the nineties is HUGE!
its ironic you feel that way about your home town considering you now live in a colonised country
mate you are 80 years old, of couse its not gonna be amsterdam that you grew up :D
Australian Capitalists are doing the same as Amsterdam. Dogs. Australia has spent Billions on Military junk to fight China it's main customer? US hates China for building houses. New Zealand is the same. But no covid 19 they did something right. No houses in Australia and Covid 19 is back.
@@ToeKnife166 The Dutch Government did a deal with Australia and New Zealand to take Dutch immigrants after the hellish war. Fine people my daughter married a descendent of Dutch folk. They liked growing Tomatoes in Greenhouses here in Auckland.
It's the same as Miami Florida USA
I just moved to a provincial town in the outskirts of Barcelona, feel more comfortable and much less anxiety!
This is what happens when the economy of a country is partly driven by real estate, time comes when the citizens cant afford to live in their own country. The govt needs to place strict regulations on house pricing..
I live in Taiwan. Such kind of problem is also happening in many Asia cities. People become slaves of heavy house debts. So 😭 sad.
you can always move to mainland, they got massive land over there
@@rehanfauzan4623 ouch
@@rehanfauzan4623 by mainland you mean West Taiwan.
@@rehanfauzan4623 Mainland China also has the same problem, most people can not afford to buy an apartment.
@@r0bmc745 he means China now SIT DOWN this high cost housing is all in neoliberal countries Taiwan included China however is not neoliberal
Born and raised in Brooklyn. Went away to college. Can't afford to move back into my own building.
Lol
Rent is pretty high up too 4g's a month...not funny
Born and raised in Paris. I left 10 years ago !
That's so fucking sad
Brownsville 11212 had to move to Europe.
I've never understood the having to live where you work "location location location" thinking. I prefer to live in the county and travel a little ways for work and large shopping places. Nice, quiet, and peaceful. That guy doing the tiny home is exactly what I would do.
Convenience and shorter commuter times.
Cause i and many other dont want to waste hours each day.
This is why I taugh my kids to save their money while they live at home with us. They are both saving to put a large amount of money down on a mortgage and then rent the spare rooms to their friends at reasonable rates cheaper than they could find elsewhere. That way they don't all have to live at home and my daughters can buy their own homes with help on the monthly cost and it's a way for them to own their own home. That's what I did when starting out and it works great especially because people are always looking for a room to rent at a good price. I know it doesn't work out like they for everyone but it was a way for us and now our kids to own a home in the city we wanted to live in.
People like you who still produce more children are part of the problem
Love this TH-cam channel it give a honest overview of Europe . Cause let other media tell you Europe has little to no poverty and everyone happy
Trumps' gone use his favourite country Norwae as an example of greatness. even there its hell to find a decent place.
USA is ten times worse than the rest of the western world. Just take Canada. Its way way better than USA. If you are rich, USA is the place for you.
@@lnesland i think you meant eastern world
In Europe is a lot of poverty going around. Everthing is so expensive now.
@@lnesland do you live in the US to even make such a statement???!?!
I live in NYC, Brooklyn area and the cost of apartments is very expensive. Most people have roommates to afford the rents.Trying to buy a home is out of reach for most. Housing should be a right,not a luxury.
Nothing is a right, you have to compete and win
@Destiny tran if you can't compete, then move somewhere else where you can
@@nickplays2022 And that is how we comes to wars, crimes, etc...
International investors driving licals out
@@nickplays2022 😂😂😂 🤡
Solutions:
1. Massive rent control and regulations on the realestate industry.
2. Huge taxation on empty properties to fund housing benefits for those who need it.
3. Ban foreign realestate speculation and put extremely high taxes on foreign owned property and land.
4. Limit now many homes someone can own.
5. Build more public housing and tailor rents to income.
Housing shouldn't be a mere commodity or an investment, or used for money laundering and tax avoidance.
Yes introducing radical solution is to stop radical problem. Too many people have second homes in the UK and there has to be a timed legislation that one cannot own another property if one already has one for their family.
1. Only to lead to shortages due to developers not wanting to build anything and landlords "renovicting" tenants if they're not leaving the rental market for the condo one.
5. And let the area turn into a ghetto where decay and blight reign supreme.
In Lisbon we have the same problem. You can buy a 3 bedroom, 150-200m2 house with garden and pool, 40km outside of Lisbon for the same price of a small 2 bedroom apartment in the center.
Hell you shouldn't have to be rich to have a place to live - this world has turned into a housing nightmare.
It's also overpopulated in Europe; and getting worse due to migrants; so balancing out between housing, industry and agriculture is kind of difficult to do; especially for a small country like the Netherlands.
Europe is not over populated, cities are overpopulated. See the villages in south-east Europe, villages with cheap houses, most house have nice piece od land
@@rixille As a child I read that people of Europe left for the America's due to over population. Blame the Pope!
rixille that’s not true. I live in New Zealand and we don’t have that many migrants but the housing is a nightmare. I’m 19, second year Uni, and still live with my parents. It’s insane how expensive it is. About $250 a week for a sunless wet bedrooms etc
@@il3077 you expect a 19 yr old, college going kid to have an apartment?
Wow, the housing crisis is spreading worldwide, all because of greed.
Everyone is greedy.
@oneviwatara Why don't you go live in China?
Greed of who exactly? Greed of the builder that sells to the highest bidder or greed of people that want what they cannot afford that causes this firestorm? I have tenants that live on public assistance but they all have new cell phones with unlimited usage packages. They all have home intertnet and every tv channel. They want newer expensive cars instead of junkers and take vacations and more time off work. They want starbucks coffee and eat out regularly. Then they wonder why they can't afford a home in the area they want to live and blame someone, anyone, because they can't get what they want for the price they want.
#capitalism
No, because of mass immigration
I always said this but watching DW documentaries reinforces my belief in that where there is more people there is more problems. We are our own victims. The strong make the weak suffer, the rich make the poor suffer.
The strong are a joke and honestly the weakest
Can relate to this being a young person looking for housing in London. I lived in Rotterdam for a while and it was comparatively really cheap, not the same as Amsterdam but still really cool!
This is happening in Portugal too, due to the fast growth in tourism in the recent years, specially in cities like Lisbon and Porto. They ask you to pay like 1000€ for a small 1 or 2 bedroom apartment. Keep in mind that the minimum wage is roughly 600€ a month, so a lot of people cannot even afford housing right now in my country (specially people in their 20's and 30's). It's such a shame.
That is happening because so many Americans came to Portugal and property/rent prices is high cause they can pay for it. It is so sad to see that rich foreigners are more important to our governments then their residents who were there their whole life. Similar thing is happening in Belgrade but still it isn't that serious like in Lisbon.
Cleveland too
I think it's happening everywhere, Australia is terrible at the moment, lots of people are getting letters that their rent is going up by up to $200/week, most open houses for rentals have 100+ people showing up hoping to get it...and some of the houses are dumps! The rentals in most cities have doubled over the past few years, and in places like inner city Sydney and Melbourne, they've gone up even more than double!
To actually buy a house has gone out the window for most ordinary citizens, we have the asian investors who are coming in and paying sometimes over a million dollars above the asking prices...and then they're just leaving them sit there empty. I currently have 3 empty houses around me that have been that way for up to 5 years...our government don't seem to care.
@@debbimor8003 I can attest to your message here, because I lived in Sydney Australia.
Housing 🏠 is out of many people outreach in Australia here 👍👌
600€ minimum wage? Dude you're kidding, right?
the older gentleman Raymond has a heart of gold!
He might need the company too.
@@earnold1896 😂😂😂
Here in CA, housing is also a BIG problem, the waiting list is not even available. Lucky for me, I visited Amsterdam but I'm not crazy about it. I like ROME , Napoli more. I think Amsterdam is not sunny enough for me
The problem with the huge rising in apartment prices is all over Europe, even in eastern Europe like Romania and Bulgaria. People just don't afford to pay rents or debts.
I'm glad I bought an apartment in Frankfurt 10 years ago. For the prices of today I couldn't afford it anymore.
I saw this trend in Argentina in 1978; entire communities of shanty towns existed on the outskirts of town, and the inhabitants were professionals, such as teachers, bookkeepers, business owners. Only the rich could afford houses, and the high rise buildings were for rich tourists who would descend on the city each summer. It was tragic to see. I realized that it was only a matter of time before it would happen in Canada, and sure enough, 20 years later, it happened, and it's been that way since the turn of the century, Canadians can't afford to live in their own cities. Kids live with their parents til they're in their 40's.
Yep was up in Vancouver a year or so ago , was with a group of 30 friends there and not one of them owned a house or could afford to . It’s ridiculous that a crappy split level house 45 minutes from Vancouver is $1.3 million dollars and hardly anyone makes that kind of money !
Canada is a dump nowadays.
I live in Tashkent, Uzbekistan. I have a huge apartment and pay 200€. The food is great and organic. People are nice. It’s safe as well.
But yours salaries are also lower…
@@MegakillerFortnight
And if you get out of line, the government can seize your home.
And here in Kenya I live in a 5 bedroom debt free mansion with a well manicured garden, growing my own organic vegetables a gym, and a wine bar, best weather 365 days a year, and yet they call us poor.
Almost every poor country has rich people, just like almost every rich country has poor people.
My income is €1200 a month, and my rent is €900 in Amsterdam, had to stop university, because otherwise i was homeless, so now i chose to fight in the army, because they will pay for everything.
Wat is dat nou voor reden om bij het leger te gaan.
If I have same income in India, my rent will be covered for 2 years.
rickie G damn Indian currency is not that strong then.
You are probably not going to fight in the army
learn to smile as you kill
Where we are landlord's annually raise the rent by around 10%, simply because they can. They claim rising maintenance costs are to blame, yet they do no maintenance. They are effectively driving inflation.
property is good business.
Visionery1 the bubble will blow one day, and somebody will have to pay.
Visionery1
Free market. I hope your parents are homeowners...
Inflation is caused by government deficit spending and easy monetary policies from central banks...
Vee Li govt printing money does cause inflation. But if certain goods that have low substitutability are raised in price, the value of the currency drops against it. Hence inflation.
Part of the housingproblem is also the many divorces, where parents both want a house where they can sleep their children. This is not the main cause, but it sure adds to the demand for affordable housing.
I'm young and terrified of the future. Only thing I have going for me once I finish my schooling is that I will work in healthcare. Healthcare is needed everywhere, and I can find a job in the countryside with affordable housing (for now)- but I may suffer with loneliness or not find a partner. Not many gay people in the country.
I hope you find a lover to take to the countryside with you :D
True that’s the sad part of being gay
I hope you can find love / life partner!
Hai
I live in Haarlem, a small beautiful city 15 mins from Amsterdam, though I went to Leiden University, which is 20 mins from where I live. My wife and I pay 950€ excluding g/w/e for 18-20 sq meter. The rents are incredibly high everywhere in the Netherlands, and if you´re lucky enough to find a place, the landlords usually put conditions that are nearly impossible to meet. For now, we´re planning to stay here after seeing the housing market.
This documentary made me very sad for the Dutch people who can´t afford to find a place to live, thanks to capitalism. The taboo that living with parents needs to end because it only fills the pocket of rich landlords. The guy paying 200 euros to live in with his mum is great. He could just stay living there and use any rent money to invest or start a business. Don´t worry about friends and social life, worry about your finances. If you can´t afford to move out and want to prioritise social life and friends now, what makes you think you will be able to do so in the future when the same friends won't be there or probably be in the same misery?
Thanks to capitalism amsterdam is the city it is today❤️
if ther would be no capitalism, you woulnt be there mate , probably you would live in your cage
Not everywhere for sure..east north not
@@mustafaakkoclar1272 I would probably live in a cage ? Is that why I paid 500 pounds in London for 8 meter square ?
@@Imran-tq8iw stop immigrating from pakistan then, you are incraise the rents. or rent a house 30 min away from city
I'm 30, finished MSc studies abroad in Hungary and my job contract expired due to Covid. Returned to my mother's home in my country in Eastern Europe. Do not see any problem with living in your mother's basement, especially in economic conditions like that, when an adult with 4 years of experience and two degrees (both full scholarships) couldn't fullfil the most basic thing in life - dwelling. It is not my problem.
a little update - received a full scholarship in France for a Masters degree, yay
Maybe its time to really start working?!?
@ManuelB1b3r Yeah... and you see?! Scholarship in France... another 3-4 years milking someone else's money...
Study for more years, maybe more afterwards, and if you're lucky maybe you don't have to work 😁
@@nadominhoca They said they have 4 years of work experience and lost their last job due to covid...
This documentary changed my mind to what I was thinking before that the European countries are much easier and convenient to live in. Thank you so much! this is very informative and I've learned a lot.
They are, these people are just very stubborn. She can literally live in a suburb 30 minutes away but she wants to live in Amsterdam which just isn’t realistic.
Cant talk for the Netherlands but in Germany it is.
@@balyeetbhagaloe6416 the woman has a good paying job and getting paid by her ex husband she can easily afford a place near Amsterdam but doesn’t want too lmao
@@mrn234 living in the heart of the city of amsterdam is like Americans complaining about the price of new york
Assuming that you are in the US, don't forget to take into account that EU salaries are typically lower than in the US
It is the same situation here in Canada. It seems to me that it is a positive thing that young people live at home with their parents and pay a little rent. This makes the family stronger and brings us back to a family life of value.
True but it doesn't solve the wage stagnation, income inequality, and rising cost of rent/housing problems caused by the rich. It seems to me like the worse these problems get the closer we'll get to mass protests and revolution or, at the very least, some kind of reform.
The problem needs to hurt enough people for enough people to demand change. And the rich, the government, and the police will have to figure out how to calm them down again -- maybe by giving a few dollars higher on the minimum wage by 2030 or something pathetic like that.
I like spending some extra time with my mother, but don't forget about people in bad family situations desperate to leave.
Not if your parents expect you to leave and look down on you as a disappointment, cause they were able to move out at your age.
Not if your parents expect you to leave and look down on you as a disappointment, cause they were able to move out at your age.
or it just makes you get in more fights bc everyone is miserable..
I own my own home but only because of inheritance. I do feel very lucky. I have been homeless before and its stressful
I am very happy for you! And if it can make you feel a little better, I think you'll feel much happier than any rich people who didn't lift a finger for a home and they give it for granted
@@audreym7119 Wtf, how did that guy lift a finger? He inherited it, doing nothing at all for it.
@@patrik3482 He earned it from his family
@@patrik3482 Actually I have worked all.my life. In the UK its impossible on an average salary to buy a house and the reason I was homeless was due to Robert Mugabe and his polices.
@Drupie tuleh that has its own complications.
When I moved into my 1 bedroom apartment in Brooklyn in 2009 the rent was $1000 per month. Now for the same 1 bedroom apartment the rent us $1800 per month. This is unsustainable.
did salaries increase aswell?
@@lovelypolishperson5566 Not even close!
How much to buy that apartment? 400k?
My 2 bedroom in Seattle with a parking space and a view of the Olympic mountains was $350 a month in 1998 - same place today is $2500 a month. And there is a waiting list for the building. Meanwhile, salaries have not kept up with that.
Lily Gazou I lived in NJ for 12 years. In 2006 I paid $1000 for a apartment in downtown JC across Manhattan and in 2017 when we left US same apartment was $2700 and hard to find!!! Crazy things. One reason to move back to Europe where is better for us. In 12 years the minimum wage in NJ went from $7.25/h to $8.25/h but rent went up at least 100% in some areas. Crossing to Manhattan by car was $6 in 2006 and $15 in 2017. People ask me why I left the great US
Every city should pass an occupancy law. The owner should live in the property or paid a yearly tax of 25% of the market value of the property.
Well-done editor! Adding Sterrenstof, love it.
Now I will watch it further 🙃
the world is going downhill when money is worth more than a life were screwed
We already there buddy
Whose life you value? Do you think it's the same person that everyone else values? I want to live in your city, in your house too. Why won't you let me? Because I speak different language? So landlords should value your life more because you are native?
Europe just needs more people. if they let in some more people, everything will be fine. /s
It's not food/clothing/shelter that causes this. It's everything else people spend money on and expect to have in life. It is perfectly possible to live without a cell phone and internet. It's also possible to never purchase any food/beverage that you do not prepare yourself at home and a much cheaper price. It's also possible to never take vacations or pay for any type of entertainment. Some never need a car while others seldom need one and can do so with the cheapest car out there instead of a nicer newer car. Cheap or almost free clothes are a real possibility in most places. The most greedy are the ones that can't afford much of anything and expect most of everything!
There is no money only debt based fiat currency which is the main cause of the problem.
I believe it's time to protest and refuse to pay over priced rents , energy bills etc, stand up for better living all around the world starting from the city's
The French are setting an example of not letting the government and their business partners screw over the middle class.
Amen
I thought this was only in the third world...
Well they voted for left wing parties in the cities with a shortage. They stopped most constuction because it is bad for the environment and some even think lowering the maximum rent of new build housing will help. Which obviously leads to less new build housing and more incentive to just buy up the existing houses.
Yeah and you will be out the next weeks if you don't pay
I always thought countries with renting instead of buying culture were crazy, and for this reason. That prince is making bank on the cost of his poor subjects!
I bought my first home with my hubby right after graduation of university...we both worked throughout the university and lived in a basement apartment for a long time. We saved all money we could without vacation or good shopping for a long time. As soon as we got jobs after graduation, we bought our 1st home with all savings. Once we got in the real estate market, everything sorted out.
Very smart! Hope now you can enjoy shooing and travel! Maybe other students just dont want to save money spending salary on shops and bars.. they can not save even living with their parents))
Students don't make enough to save for a house downpayment...and that assumes you get good paying jobs upon graduation.
@@AssBlasster After graduation, my 1st full time job was 45k before tax. I also worked 1 day per week in a restaurant. My husband did the same. No party, no vacation, & no big shopping until we bought the 1st house.
Same happens even in Poland. And I'm not even talking Warsaw, but where I live, in Wroclaw, too!
Me and my husband we're 28 years old and we are now waiting for the bank to decide whether we are going to get a mortgage for a house far outside the town and let me tell you - it is not a cheap property for a middle class Pole.
Sad but this issue has no mercy and it comes to every corner of the western world, no matter the continent.
A lot of people here get a small flat in a city for the same (or much higher!) price as our 100m2 house with a garden. They do it just to rent it in the future as soon as they pay off the mortgage. We decided not to squeeze in a little flat for many years, gambling whether we are ever going to pay if off to move out of the city. You know, the market is constantly changing, it is all on rise now in Poland but who knows what happens over those 30 years that we are literally forced to get in dept for!
This is really sad, I often say that we are the system-slaves (not sure if that makes sense in English though, forgive me if it doesn't :p )
Yeah it does... it’s called cash slavery / debt slavery / covert slavery ... and your English is great! I didn’t even know it’s your second language until you mentioned it! Congrats to you and your husband on the new home!
Why don t you buy house in village, it s cheaper...
how much is 100m2 house in warsaw and rent ?
The Poles threw out the Communists and brought in Catholicism and Capitalism. The Polish Communist Party built houses. Weep for allowing Radio free Europe to persuade Poland that Capitalism was honey all the way.
Capitalism needs to be thrown out of Poland and every land. In New Zealand they destroyed or sold off public houses to create a housing scarcity. People sleep in Cars or on the street in Auckland. Rents are 70% of income !
In my country, high rents drive away businesses. The ones that can survive are the luxury brands. Landlords love this and keeps increasing rents. I hope this will backfire soon.
@@logbia7k608 Except that some businesses need to operate within a major city in order to function, and that they can't always relocate outside of that city. It also drops the income potential for city inhabitants.
@@logbia7k608 capitalism? In amsterdam?
@@rixille if they can only operate within a major city and can no longer afford to do that, then they are no longer a profitable business. time for a change. happens all the time. no company or person is entitled to a constant, continuous influx of capital, independent of context.
Thugs.
@Sly Tech My grandparents came to NYC from Pakistan in 76 and both were illterate with little to no resources. With that being the case, my granddad, dad and myself have worked hard enough to buy a handful of properties across queens over the years and now live comfortably in 3 of them and 3 are rented by my dad ... Capitalism has most def worked for us .. God bless America babyy .. all day!!!
Exactly what was in my mind! The Tiny House. There s this vlog on this in New Zealand and I love it❤️ They're usually off grid though. So awesome how people can live on so small a space but it is possible👍‼️ And they're beautiful, so close to nature. No concrete jungle😱
The struggle of Amsterdam locals like Wendy to find affordable housing is heart-wrenching. Rising rent costs affecting big cities like this one are a pressing issue. This documentary captures the real-life challenges people face. Thanks for shedding light on this crucial matter.
This is happening everywhere, especially in the west, and it will not end well. So, so, sad.
you're absolutely right, same in paris and london.
How will it end?
@@snufte Of such wars are born.
It will probably be a revolution, and people should complain. Its not good that the rich are taking over. Normal people should get equal chance.
@@jbird4478 Disagree. Politicians needs to regulate the marked. Why should only rich people live there? The middle class should get their change.
Mass tourism, airbnb, all this adding to the problem...
Absolutely agree Monsieur Le Marquis! Greetings from Lisbon Portugal!
@@MariaTorres-hc5uq And Greetings from La Luz , New Mexico, USA. Just moved here, coming from California, North Bay ( San Francisco area), It became too expensive :
@syncmaster913b I'm pretty migrants are the reasons you cant afford a 1.3 million house. OR I'M SURE IMMIGRANTS ARE THE REASON THAT YOU GET 50,00€ FOR A DOWN PAYMENT ON A HOUSE.
syncmaster913b millions of immigrants who lodge for free?? How do you sleep peacefully with spouting such obvious lies
@@MaryJaneJones. 50k? Only need 20k in nl
That dude who brought the tiny house....is my hero.
Makes me very thankful to have a home paid for and a nice vehicle paid for here in America. I would love to visit Amsterdam one day. I’m sure it’s lovely there.
make sure to plan your trip for summer, as the winter is very cold and not comfortable at all if you want to get around on bicycle
Average rent for an apartment in Amsterdam is $965 a month. here in Canada where i live, it's $1300 + a month for a 1 bedroom apartment. I don't know how a minimum wage worker can afford this type of rent a month!
Same price for single bed apartment in Auckland New Zealand!
In shitty areas..normal aream 60 m2 2000 euro
Yeah 965 a month is cheap compared to NY
In latvia 1 room apartment would be around 200-300. Seems not tgat much, but tge salaries in avirage over here are 600-700
1300 you lucky to get a basement in NY
The prices are high like this in Sydney (Australia) too, I feel bad for the younger people just starting. It's unfair for them.
The frustrating gap between rich and poor was always there in the world, still exists now and will always be there.
In Lisbon there is s programme in which young low resources students go to houses owned by the elderly. It’s a win win situation for both.
The granny gets a “grandson/granddaughter” to spoil and keep company. The students gets a cheap house/room .
I think it is a good case
Airbnb has been a major factor in the dramatic rise of apartments and rent prices in my native tourist trap Budapest. Everyone rents to tourists. Still cheap for Westerners but expensive for locals everyone is moving out into the suburbs. The value of my apartment rose by about 250% in 9 years. And I'm lucky as hell to own it.
The prices are still high as hell. I managed to buy a small new home with a loan on the edge of the city and my monthly payment will be smaller than the rent.
The only change due to covid is that there are more small “exarbnb” homes to rent, but the prices not really went down on rhe rent market. 5-7% maybe, and new home prices even went up still.
Capitalism will collapse hard like Soviet Union on steroids crash
@@qjtvaddict I wont collapse because it makes rich even more richer. We middle class are busy sipping wine and talk about music and LGBT.
In Sweden people who cannot afford to buy an apartment live very miserably. They live in short term rentals with contracts that only last 2 to 6 months in average, people are forced to move 3 times a year some times even more. The whole rental market in sweden is meant for short term and many of these contracts only last less than 1 year.
The only way to get stable rental in sweden is by queuing. Those queues take 5-10 years in average and they are all across the country.
The most incredible thing is the queues and the short term contracts that only last a few months happen even in small towns where population is less than 100,000 people.
The situation is so bad that there is even a black market where people pay as much as 10000€ for skipping the queue and getting a long term rental.
A lot of people have a very wrong idea about sweden and they are keeping it quite from international media and they do nothing about it.
They will never fix it because it is a very profitable business and a lot of foreigners cannot compete in equal conditions with the natives.
Stop these delusional ideas, the only thing to blame is the bulks of immigrants from Africa and the Middle East, who get free housing from your government, while Swedes have to pay lots and lots of money. Look around you!
Thank you for the info, I was about to migrate to sweden but your post change my mind.
BarrettKillz always the blame game!!!
And yet free loading "migrants" get free and priority housing.
Sweden need more refugees:) "Quote from the swedish goverment"
Prime minister-- Hmm this is weird, we have a housing problem..
Solution! We need more refugees, lets take in another 500 000 that will solve our problem
Waiting 7 years for an apartment, thats insane.
Not really when it comes to public/co-op housing.
And I thought that only in Sweden we have a shortage of housing in major cities and insanely high rent...🤔
It seems to be a common problem worldwide.😅
Because alot of people want to live in Stockholm or Göteborg.
Life is getting more tougher & complicated in every new generation, this is why many have chosen not to breed so that their future children don't have to suffer the same fate
Humanity = misery, (and so is life in general) we were just temporarily fooled after WW 2 here in the West.Not only am I not breeding, I'm more likely to check out early. We all gotta go some time, and everything is so silly I hope every night I won't have to wake up in the morning. But here I am...
What a depressing way to think. Why don't the 1.5 billion indians, Africans, Chinese, Arabs care? No. It's always the well educated first world white minority Europeans who are brainwashed into not having families. "low birth rates" are the "alleged" cause of third world replacements herding into your cites.
I've never heard of an elderly person on their deathbed surrounded by their children, grand children and great grandchildren say they wish they had never had kids.
But yeah...childless people regret having nobody to look after them. They die alone and no one cares.
@@bellejolie2506 Have you ever been to a nursing home? So many elderly people have kids but nobody looks after them. This hurts extra hard when you expect them to show up and they just don't. I worked for many different nursing homes so I've seen it happen a lot. It's very sad to see the hurt and expectations. Having kids is not a guarentee that they will take care of you when you are old. It's also very selfish to have kids for that reason. Do you really think there are no people who regret having kids? Seriously? Facebook " I regret having children" is just 1 example. It is still a taboo subject but definitly exist.
@@c.9017 A nation's future is it's youth. No youth (kids) no future. You guarantee you will be replaced by a foreign migrant.
It's Corporate greed...once they have a large population of consumers and make lots of money... well less people is less money and less consumers.
It is also predominately white countries only (besides Japan) that have "low native birth rates". Then you have Africans, Indians, Asians, and Muslims that birth 5-8 kids each.
If native Europeans won't have kids (consumers) replacements will be bussed in. So instead of having your own family...you end up supporting a foreigners huge family. (thru taxes and welfare)
Giving birth is an incredible experience. The joy, love and connection you will have forever. Your child's first steps, first words, snuggle time, and laughter are irreplaceable.
Teaching and guiding your child to adulthood, watching the struggles and achievements. Passing on your families traditions, culture, language, ethnic heritage. Just think about yourself....thousands of years worth of human evolution, sacrifices, hardship and triumph went into your creation.
Don't have kids...and that ancient history dies forever with you.
@@bellejolie2506 foreign migrants will be working and paying taxes to support old age benefits.
Even in Canada it's almost like this. Vancouver is prime example. Toronto is almost as bad. But even in the ugly prairies like Manitoba and Saskatchewan, the housing prices jumped a good 60% and rents at 40% in 10 years. Beautiful cities like Amsterdam will only see higher prices in the future because of its beauty and location
becouse beauty and location ? nop , I dont think so becouse all of Holland is beautyfull and well located , problem is deeper .
Montreal used to be immune from the renting crisis plaguing the rest of Canada’s cities. But, now even Montreal is facing the problem and they blame it on Airbnb.
@@artman7780 Montreal is terrible, when my dad moved us to France from Montreal it was already very bad in the noughties .
@@thetruth8630 they take the risk of project failing. Of course if those apartments were sold to anyone at the time for the same price.
The documentary glazed over ‘new immigrants’ pretty quickly. Asians buying closets to live / invest in was a factor in Vancouver for sure.
no mention of Ireland which is also absurdly priced!! for apartment it is over 2300 euros a month and you can forget about getting a place to buy its in the millions. no wonder everyone is leaving! average waves of 30,000 euros wont cover the toilet bowl cost
Leaving to where ? The problem is worldwide
This is happening worldwide. I live in Australia and moved 500km north to a regional town because the rents in Sydney were too high. In less than 3 yrs, the place I moved to has increased in rent to place me out of the market here because the covid crisis saw many people leave the cities.
First class and very topical report by DW; in my opinion now Europe's leading TV channel, well done DW!
Lol
they give 3 reasons why there is a housing bubble in Amsterdam, and don't mention central bank policy, its insane. The ECB has been the number 1 contributor to asset bubbles in major European cities with low interest rate and quantitative easing. Dublin is exactly the same, out of control. The rental sector has been destroyed by ECB policies.
And these same banksters import hostile foreigners to replace locals, and give them free housing and welfare.
ECB is part of the problem on the demand side, but on the supply side local councils block new developments keeping the housing stock scarce. Homeowners don’t want to see their wealth decrease and politicians don’t want to enrage their electorate base... so it goes
@@MAtogable Exactly. There's no such thing as a public interest.
@@MAtogable Cheap developments ! I see new houses in my City all the time but the price for renting is crazy
This is the exact situation that is happening in my tiny corner of the world Tasmania in the last 5 years, this could have transposed our island and it is identical. We are for the first time seeing huge numbers of homeless people, rents and buying homes have doubled in price or more. First the investors came and then covd and climate change refugees with lots of money pushing prices sky high. Actually it's not about living in the city it just finding somewhere to live that is affordable anywhere.
EXACT same issues in Toronto, Canada
Oregon has high rent .So many people are living out of their Van's an r vs .Where I live 1000 a month for studio ...The world is getting greedy .....
The Crow Apparently homes are only for the upper class. Prices on starter homes (old and undesirable) are skyrocketing because that’s all the middle class can afford. The houses are around 400K vs. 700k+ in desirable areas. Just another epic housing bubble ready to pop.
The world was always greedy. Americans are die hard capitalists and for what? so wealthy land owner can gobble up all of their paycheck?
A rent increase per day keeps the hippies away.
The government is greedy. The property taxes just keep rising, the extra taxes and fees on utilities etc.
When my father sold his house, the property taxes per year were higher than the original cost of the house.
SMH I would’ve never imagined that Oregon is an expensive state. Of course Portland is jewel.
Cities without young people are nothing, just a vanishing statue.
@@OpiumBride don't forget you were young once
This could be the story of any metro area in the world. One has to be willing to move to the smaller cities and not insist on living in a metro area.
This is very true. And the Netherlands is a very compact country. With the income she can find a place in Hilversum, Zaandam and Utrecht. All reachable 20 min by train.
Its like any big city in every country unfortunately.
Square meter cost in Lisbon is €14, same as Rome and Vienna but with an average salary of less than €1,000.
Our minimum wage is €600 and a 1 bedroom apartment costs €700 (or €900 in the center).
Let that sink in
I never understand why living with your parents is considered a taboo in the West. I'm a 20 year old physics student living in India and I would give ANYTHING to live with my parents. I have to live in a hostel now as my university is far from my hometown. From here it looks like there has severe degradation of family values is favor of individualism in the West. Please realize that land and its resources are limited. It is simply impossible for everyone to stay in their own apartments. If everyone were to stay in their own apartments, we would have to cut off all the forests and turn the entire Earth into a concrete jungle! Stay with your family, take care of each other and live happily ! There's no greater happiness than caring for your loved ones.
er... in most of the world including the african continent its not a sign of maturity to live with your parents when you are old enough to get married.
when i was in india whole adults with kids of their own lived with their parents. that's terrible. in most of india people pocket a whole dowry yet still live with the parents.
I love my parents to bits but i can't live as an adult in place where i'll have to continuously take orders . its just not on.
Heavy and incessant media brainwashing culminating in Friends et al, has young people believing that family members are passe and having a circle of strangers who are fighting for status and resources at the same time as you are is preferable. All BS of course and another way to fracture family life, tribalism and thus make wealth accumulation impossible.
It's a cultural phenomenon ... initially, I too used to think on similar lines ... but now I have realized that their parents too don't want their children to live with them ... West is a materialistic society where masculinity is a virtue over feminity (don't confuse with being male or female) ... Unfortunately, in the east also this is a growing trend, esp. big cities .. This makes me sad.
Sex. You want to live alone for sex.
It is a cultural thing.
Born and raised in Europe. My parents moved here in the 60's from Pakistan.
We live together me my wife kids and parents in a big house but a lot of people have told me that I should move out.
Values of family is different here than in South Asia. Not that they dont value family here but it is just different
this world is slowly becoming the world of only rich people same as before.
I think it has always been for the rich. They created middle class to move them from their rural area to the city and dissolve their self reliance skills like farming and hunting. Now they squeezing the last remaining wealth before returning people to serfdom
That's incorrect, it's a world with a few rich people and a very high amount of poor people.
Mary Robi your on to something...
rixille but the rich people own all the capital tho
It was that way all ways but I think is too much now
So here's one problem: the subsidized housing where that handyman dude lives is in a 75 square meter home by himself. 4 people could live there and share the market rent but this way 1 person is using up all those resources contributing to the shortage.
I must say I really enjoy your documentaries. Even though I live in the land down under. We have the same housing crisis here. It's simply unaffordable. But why? Because of central banks. Our own RBA knows their policies are creating huge inequalities but they seem to lack the ability to empathise. They simply do not care. But they have also created for themselves a predicament that the cannot exit without a huge amount of pain. Eg recession / depression will ensue.
I always dream to live in Asterdam someday. But after I watched this, maybe I just need to keep my dream as a dream.
Even besides the housing crisis Amsterdam would not really be the place to be. Its filled with expats and tourists, and the people there mentallity is one of the worst in the country (which wasn't always like that). Hell, they don't even speak dutch anymore in some parts of Amsterdam. I'm better of here close to Alkmaar, the city is literally the same as Amsterdam, but not famous, no tourists and no expats and still owned by the locals. Amsterdam is only good for EXPATS, not the dutch locals sadly
Theres a lot of tax too btw.... like tax for healty, child, your job etc..
Just stay where you are
The nice guy going to live in the countryside had a very good Hart
And his mother would be very proud of he. Well done. Blessings and light and joy to him. Beautiful soul.
Baltic region ( Latvia, Litva etc) has so high percentage of house owners thanks to ussr😅
Why do Poland and Czechia have fewer home owners? They were also communist
Same here in Jakarta. Renting an apartment for most people is a luxurious experience, even for studio size. People who work here mostly stay in a house with many rooms separated, roughly about 3x4 meters. Housing is such luxurious stuff. Rent is expensive, it's impossible to buy house in here.
Baghdad is so expensive, even if there is no electricity or sewage services, rent is high 🤔
Finally a good documentary about it. I moved to Amsterdam one year and a half ago and I saw the prices going up like crazy in that short period of time. Rooms that cost 600 a month ago now cost 800. Apartments that were 1500 now cost 1800. Luckily the country is small and you can work in Amsterdam and live in Zaandam, Haarlem, Utrecht, or other towns and the commute time is not longer than 25/30 mins... But it's getting out of control because the prices in those places are going up as well
600 a year that’s cheap , that’s like 12 euro a week 🤔
@@martinbyrne6643 Sorry, it was a typo.
@@martinbyrne66434 years ago, it's now 1200
How can anyone justify driving around in million dollar cars and living sometimes in 3 or more multi-million dollar houses when people are starving?
Just ask any wealthy Republican donor here in the United States and they will be happy to explain it to you! Trickle down economics in all its glory! Buckle up! We're going back to the Gilded Age in 2022!!! We're you conned by it Mister??😄😁
I can’t afford anything to buy or rent in the city I grew up in, it’s insane and eventually people are going to have nowhere to live.
Housing has been a problem in the over-populated Europe for a long time... what is the solution? bring in more people!
Hate must live on. Migrants are the reason ...
@@tabcomp5146 not migrants, but those who bring them here are the reason; if there weren't that many people living in amsterdam, houses would be more affordable; it's logical
@@tabcomp5146 It has nothing to do with hate and race and that stuff... it is about basic laws of physics. everything has a limit, a capacity. Most of western Europe's land capacity is over the limit because of over-population.
@@lovelypolishperson5566 Amsterdam is victim of its own success. For decades it has been promoted as tourist attraction. And now everyone has to pay tourists price even for houses.
@@zbridgjpxupzm I agree everything has limits. In this case however the problem is promotion of amsterdam as an attraction for more and more ppl to come and spend $$. This in the end would drive the prices up for everyone. Sorry I misunderstood you.
Dude, don’t give up that subsidised flat! Are you crazy?!?
Why did he do that? If it was socialized, shouldn't the rent be pegged to percentage of one's income?
@@user-nf9xc7ww7m no
@@MrPaddydan
No, not socialized; or no, people don't have the right to housing?
It's 600 vs 200 euros, which cost less 🤷🏻♀️
@@user-nf9xc7ww7m It is in the form of a subsidy called "huur toeslag"
Really highlighting proper issues. Kudos to DW for reporting on things that matter.
I live in Dublin Ireland and a 3 beds semi detached home cost over EUR 2000 per month. I used to live in Chongqing China and a very nice 3 beds furnished apartment costed around USD 300, higher income only for the landlord