From, “Mortgage Burden Looms Over Dutch,” by Matthew Dalton, The Wall Street Journal, 12/5/11:
“Hank Ydema, a 51-year-old freelance writer, and his wife bought a house in 1996 in the Amsterdam suburb of Almere, a town built on land reclaimed from the sea to make room for the region's burgeoning postwar population.
They sold that house in 2003 for €190,000 (about $255,000), a 60% gain, and took out a €330,000 mortgage to buy a larger, three-bedroom house nearby. Now they are going through an amicable divorce and are trying to sell the house.”
Burgeoning: increasing rapidly; flourishing
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