The plans of GroenLinks-PvdA will halve poverty in the Netherlands, according to the Central Planning Office’s calculation of the parties’ election manifesto. Despite these billions in additional expenditure, the left-wing party’s plans will improve the government finances, partly thanks to a new millionaires’ tax that yields over 9 billion euros. Government expenditure will increase by almost 20 billion euros in …
Private real estate investors have benefited greatly from tighter mortgage debt limits for homebuyers, as a portion of house seekers could no longer buy properties and had to rent in the free sector housing instead. By 2018, a household earning twice the modal income could allocate only 24 percent of its gross income to mortgage costs, a decrease from 36.8 …
