The Dutch government is making plans to create a national mortgage bank. In short, the idea is that Dutch retirement funds will invest in this bank and thus invest in The Netherlands. The government and the retirement funds are now negotiating the terms. The retirement funds wants the Dutch government to be responsible for a certain amount of risk. Ah…investing the “safe” way.
The government hopes to relieve a lot of Dutch banks from their huge mortgage pressure, or whatever.
Sound very promising. The banks will be happy, the retirement funds will be happy and the Dutch government will be happy. I just hope this turns out beneficial for the Dutch population.
Let’s wait and see…