75 percent of Dutch homeowners worried
A survey by the Own House Association shows that three-quarters of Dutch home owners think they will suffer from the credit crisis.6 October 2008
AMSTERDAM -- A survey by the Own House Association revealed that almost three-quarters of Dutch house owners think they will suffer from the credit crisis. The two most common fears are higher mortgage rates and lower house values.
The association estimates that a quarter of the owners are "potentially vulnerable" to increased interest rates and lower property value, but notes that they won’t necessarily suffer from these problems.
The survey also showed that almost half the house owners believe that the government should do everything it can to help the housing market if major problems emerge.
[Radio Netherlands / Expatica]