The market in Holland has exploded too over the last decade. Cheapest rowhouse now going for 200K euro...that's 250K $....And unlike America we don't have any areas where the market is "normal" and this truly sucks. Now poor people and newcomers are forced too rent which is basically throwing away money in my opinion.
But then again, I see this "bubble" bursting worldwide, before the end of the decade and it will hurt many people and the economy as a whole too. Not a pretty thing to look forward too, but hey, I get to buy a cheap house!b