With a relatively low interest rate, a new house building project of 220 000€ can be afforded by 20,6% of the households in our country as long as they manage to come up with 50 000€ own funding.
The Belgian housing prices have increased by one third since 2005. Structural factors can partly explain this price explosion. The difference between the yearly increase in the demand for houses and the yearly increase in the supply of new houses is central to this analysis.