Household assets shrink as house prices fall

Dutch household assets shrank 10% to an average of €27,000 between January 2011 and January 2012, the national statistics office CBS said on Wednesday.

In 2008, before the crisis began, average household assets totalled €47,000. The drop is largely due to the fall in house prices. Some 57% of Dutch households own their own home, the CBS said.

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