3min chapter

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Housing Bubble Week: Lessons From Amsterdam's 'Gentlemen's Canal' - Piet Eichholtz

The Joe Walker Podcast

CHAPTER

The Evolution of the Real House Price Index

Amsterdam house prices are at record highs right now. Prices dropped about 20% in 2007, but since then they've regained about 50%. Amsterdam is more expensive currently than it has ever been. So a general lesson we can take from the index is that prices overshoot and undershoot over time,. But ultimately they remain somewhat flat.

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