Pressure and suction on housing markets: some additional notes

Housing markets are essentially regional. We observe a differential territorial segmentation of housing markets: for high-income groups and expensive dwellings the search area is larger than for low-income groups and cheap accommodations. But there is also something like a national housing market, as long as housing policies and housing institutions are national. In the future, when the national population is going to decline in the Netherlands and some other EU countries, we may expect a general pressure on the national housing market, undoubtedly with regional variations.