I feel for you. From what I hear, the population in the Netherlands has a unique appetite for overleveraging to buy a home (and this is coming from someone who lives in the most overpriced housing market in the world)
It's a pretty tricky situation, everybody knows that the market is overvalued but as long as supply is this constrained and prices remain high buyers are left with very few options.
If the interests go up to something reasonable again (5-10% or so) there will be a lot of people in trouble but it won't immediately lead to a price drop unless investors move away from the buy side. This is especially true for apartments which are going for crazy rates because investors buy them up as fast as they hit the market. A typical property is for sale less than two weeks, and usually on the day it goes up for sale there is already a waiting list.
https://www.thelocal.se/20160324/sweden-limits-mortgage-loan...