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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: nicewatch who wrote (11280)	6/20/2023 12:33:17 PM
From: elmatador	1 Recommendation Recommended By nicewatch Respond to of 13781

I started following some 10 years ago as i noticed a media exploitation making it big news when in fact they were normal. Surely, big hurricanes like Sandy and Katrina were those that happen every 20 years or so. This is an El Nino year. La Nina years the hurricane season are non event.

To: nicewatch who wrote (11280)	6/22/2023 12:51:07 PM
From: elmatador	Respond to of 13781

New law allows the municipality to participate in deciding who to sell a house to June 22, 2023 5:09 AM Modified June 22, 2023 09:00 The new Housing Act of Minister Hugo de Jonge allows municipalities to force homeowners to sell their homes only to people with a lower or middle income. The law must ensure that this group also has a chance of buying a home. 🇳🇱 Now that the totalitarian Dutch government learned they can effectively crack down on our farmers’ property rights, they’re coming after ordinary citizens next: An insane new Housing Act will allow municipalities to force homeowners to sell their homes ONLY to people with a… — Eva Vlaardingerbroek (@EvaVlaar) June 22, 2023 This concerns owner-occupied homes up to 355,000 euros, the AD writes . These may no longer be sold to just anyone. Instead, the municipality can force a house below this price to go to a buyer with a middle or low income. It is currently often difficult for lower incomes to bid on the tight owner-occupied market against people who have more to spend. Ownership rightAlthough a parliamentary majority has already supported the law, the amendment to the law can be called controversial. The newspaper writes that government parties VVD and D66 consider the law an infringement of the property rights of homeowners. Soon it may happen that a house may only be sold to a buyer who offers less money. D66 member Faissal Boulakjar: "What if you want to get rid of your house quickly because of a divorce? Then you have to go through all kinds of hoops of the municipality." Driving up house pricesIn addition, the Council of State has already warned that the new law could actually drive up house prices. Because if you sell your house for an amount above 355,000, you do not have to take this law into account. However, Minister De Jonge thinks that the price increase will not be too bad Other proponents of the law emphasize that people with an average salary are now often outbid by 'people from outside who have a lot of money to spend', says Pieter Grinwis of the ChristenUnie. As a result, the cheaper houses are often inaccessible for this group of people. The new law makes outbidding a lot more difficult. Keep buyers outIn addition, large buyers can also be banned by law. Now it still happens that project developers buy up cheap apartments and turn them into expensive rental homes. But with this law they can be banned. In addition to the fact that the law will apply to owner-occupied homes, municipalities will soon be able to set more requirements for new homes and rental homes. For example, people with certain occupations that are in short supply, such as teachers and police officers, can be given priority over a house. However, municipalities are not allowed to require a housing permit for all owner-occupied homes. This is only allowed for half of the owner-occupied homes. It is also not allowed if sellers make a loss on their home as a result.