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- Apr 1, 2018
The NetherlandsWhat's happening in your area with respect to prices?
Cost of Living?
Let's here some ground reports.
For reference, a McDonalds burger costs around 7 USD, which seems high.
Consumers bid at least 10% over the asking price, depending if you're in villages or hot area cities like Amsterdam or The Hague. For example a good friend of mine bought a house with an asking price of 800k for over a million and the house needs a total renovation before he is able to live there. He's deciding if he should start renovating now, because material prices are through the roof.
Rent is also out of control. If you're looking at monthly expenses it's a better deal to take on a mortgage, so many people are aiming to buy a house. I'm curious how this plays out. I remember years ago my brothers two person apartment was worth 50k below his buying price, which for him was a lot of money. He had to live there for 8 more years with 2 kids and a wife.
The gas prices are higher then ever and keep on rising. The last time I filled up it was 1.91EUR == 2,21USD
I pay my employees still the same starting salary as a few years ago. That's worrying no?
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