Shocking Report: Dutch Housing Market Faces 10% Price Drop Due to Climate Change



Shocking report reveals the potential for a 10% price drop in the Dutch housing market due to the effects of climate change. Find out how your home could be at risk and what this means for the future of Dutch real estate.

Climate change poses a significant risk to the housing market in the Netherlands, with potential consequences for home values. Research conducted by Calcasa has revealed that approximately 1.5 million Dutch homes are at risk of earthquakes, 3.7 million homes are at risk of flooding, and almost 2 million homes are at risk from the effects of drought. If these natural disasters were factored into house prices, it could lead to a depreciation of up to 10 percent, resulting in a loss of about 325 billion euros from the total value of the country's 8.2 million homes, which is approximately 3.3 trillion euros.


Shocking Report: Dutch Housing Market Faces 10% Price Drop Due to Climate Change

Calcasa's study also examined the impact of repair costs in the aftermath of natural disasters on home values, as well as how the fear of potential disasters could affect home prices. The findings revealed that a significant proportion of the 485,000 homes in Amsterdam, with a total value of over 255 billion euros, are affected by at least one of the climate risks. This could potentially lead to a loss of value amounting to almost 22 billion euros in the capital alone.

In conclusion, the research by Calcasa highlights the substantial financial risks posed by climate change to the housing market in the Netherlands. With millions of homes at risk of natural disasters, there is a pressing need for proactive measures to mitigate these risks and safeguard the value of residential properties in the face of climate challenges.

Shocking Report: Dutch Housing Market Faces 10% Price Drop Due to Climate Change

Support Ogusyis by making a contribution – no matter how small.


Enter your amount
£
Enter your amount
£
Enter your amount
£
Yourname
Email
Phone


Homeowners at Risk: Banks Listing Houses for Sale Amid Mortgage Crisis

Explore the urgency faced by homeowners as banks prepare to sell houses due to mortgage struggles, highlighting the ongoing housing market challenges.

Explore the urgency faced by homeowners as banks prepare to sell houses due to mortgage struggles, highlighting the ongoing housing market challenges.

Read more

Netherlands Home Prices Surge 7.5% in April, Exceeding July 2022 Peak

Existing owner-occupied home prices in the Netherlands rose by 7.5% in April, surpassing the previous peak set in July 2022. Find out more from Statistics Netherlands and the Land Registry.

Existing owner-occupied home prices in the Netherlands rose by 7.5% in April, surpassing the previous peak set in July 2022. Find out more from Statistics Netherlands and the Land Registry.

Read more

Young Canadians Fleeing Expensive Cities for Affordable Suburbs

Discover why young people in Canada are ditching expensive cities like Toronto for more affordable suburbs and cities. Read more here.

Discover why young people in Canada are ditching expensive cities like Toronto for more affordable suburbs and cities. Read more here.

Read more

Salcombe, Devon Reigns as UK's Most Expensive Seaside House Price Hotspot

Explore the opulent retreat of Salcombe, Devon, dominating the list of Britain's priciest coastal towns with its luxurious properties and breathtaking views.

Explore the opulent retreat of Salcombe, Devon, dominating the list of Britain\'s priciest coastal towns with its luxurious properties and breathtaking views.

Read more

Australian Renters Seek Larger Properties Despite Rising Costs

Discover why Australian renters are still drawn to bigger homes despite soaring rents. Find out how to navigate the challenging rental market and secure your dream property today. Act now!

Discover why Australian renters are still drawn to bigger homes despite soaring rents. Find out how to navigate the challenging rental market and secure your dream property today. Act now!

Read more

House Prices Drop 1.3% in Portugal's Major Cities

INE reports correction in house prices in Lisbon and Porto, along with 12 other municipalities, at the end of 2023.

INE reports correction in house prices in Lisbon and Porto, along with 12 other municipalities, at the end of 2023.

Read more

Ireland Real Estate Prices Rise for Seventh Consecutive Month

Ireland's real estate market sees prices increase for the seventh month in a row, driven by a shortage of second-hand homes.

Ireland\'s real estate market sees prices increase for the seventh month in a row, driven by a shortage of second-hand homes.

Read more

Australia’s Queensland Emerges as Top Destination for Overseas Real Estate Buyers Amid Record High Prices

Discover why Queensland is attracting international buyers despite soaring property prices, making it the hottest market in Australia.

Discover why Queensland is attracting international buyers despite soaring property prices, making it the hottest market in Australia.

Read more

Brussels Property Prices Set to Rise According to European Commission Forecasts

The European Commission predicts a surge in real estate prices in Brussels and across the EU due to low housing supply. Stay ahead of the market trends.

The European Commission predicts a surge in real estate prices in Brussels and across the EU due to low housing supply. Stay ahead of the market trends.

Read more

Copyright © Ogusyis. All rights reserved. The Content may not be copied, distributed,  republished, uploaded, posted or transmitted in any way without the prior written consent of Ogusyis.