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Dynamic Credit Dutch Housing Market Update Q2 2024

Jasper Koops31 July 2024 at 17:00

The Dutch rental market has continued to tighten over the past quarter, driven by the recently enacted Affordable Rent Act and the ban on temporary rental contracts amongst other factors. While the number of new rental properties entering the market has plummeted by nearly one-third, a notable increase in high-income first-time buyers is reported. This shift is largely due to tenants' inability to afford purchasing their rental homes, leading landlords to sell these properties to higher-income buyers once vacated. Even though the new Schoof Cabinet may implement some policy adjustments, no major changes are expected in the immediate future.