Housing
TikTok Queue at Amsterdam Canal Belt Causes Lower House Prices
A study by TU Delft researcher Rosa van der Drift, published in Regional Studies, reveals that houses near the viral Fabel Friet snack bar in Amsterdam’s Negen Straatjes sold for an average of 4.9 percent less than comparable properties further away. The TikTok-fueled queues, which began in 2022, have caused significant nuisance for residents due to crowds, litter, and seagulls, leading to a property value drop of approximately 41,000 euros within 500 meters. While shop owners employ cleaners and hosts to manage the situation, local businesses like Wijnwinkel have relocated, and residents are currently suing the municipality over the establishment's permit.
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