in the last of our series on affordable housing, anna holligan reports from the netherlands. below sea level. the dutch have spent decades developing new ways to incorporate this excess water into their style of living. iberg lies just a few kilometers outside amsterdam city center. it's the first time that floating homes have been built on this scale. iberg represents the relatively affordable expansion of amsterdam. one of europe's fastest growing cities. the houses are built on concrete tanks and attached to poles in the water the stop them from floating away. each one of these properties costs around half that of an equivalent home in central amsterdam. >> in most major cities, half of even more of the value of the home is the land. so when you have the water or the land more or less for free, in the end, it becomes cheaper. >> reporter: and the production methods save time and money, too. >> we used to build custom built floating homes. and this is the first real project for floating homes that means repetition. so in a factory, when you have repetition, it means efficie