#Netherlands
You can't sell your house anymore to just anyone, first you need to get approval from the municipality.
WEF country did it again.....
Houses below €355k need to go to "starters" not "investors" according to this new law.
This will fuck up the market...
https://www.ad.nl/wonen/huis-mag-niet-meer-aan-iedereen-worden-verkocht~a72057df/
bonifartius 𒂼𒄄
@bonifartius
It's idiotic, it makes your house unsellable or starters will never get a chance pushing house prices when your house is around this value
Insurance fraud nah, this law is tackling the wrong issue (it's houselords tax rules, it's beneficial to buy houses when you have the means)
@bonifartius
Selling usually goes with buying a different house, this already is stressful when you rely on selling your house for a new mortgage.
This process is occasionally a death trap with offers and the contracts are almost signed and the new buyer can't get a mortgage or walks away.
You can get stuck with 2 mortgages (stuck with time limits) and now an extra hurdle (municipality is government equals slow)