Long history of Dutch house reveals that bubbles always burst

AMSTERDAM - The house sugar merchant Cornelis Sasbout built in 1617 at number 150 on Amsterdam's  Herengracht canal tells a cautionary tale about investing in property - prices fluctuate wildly, but are ultimately flat.

From boom to bust, the plot Sasbout bought for 4,600 guilders (2,100 euros) and which today might sell for several million euros… Keep reading | 2 Comments