IMF doubts own Dutch housing figures
The International Monetary Fund (IMF) said on Saturday that its heavily-criticised comments on the Dutch housing market may not be based on correct facts.
‘The exact figures need to be taken with a pinch of salt,’ the report’s main author Roberto Cardarelli told the NRC on Saturday.
Earlier this month, real estate agents, academics, bankers and politicians reacted furiously at IMF claims that Dutch house prices were 30% over-valued, saying the organisation had not taken a number of factors, such as the 100% mortgage tax relief, into account.
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