A COMPREHENSIVE OVERVIEW OF THE CURRENT STUDENT HOUSING MARKET.
The latest research report ‘Spotlight: Student Housing' of Savills contains several conclusions that can be drawn based on the current developments in the Dutch student housing market.
Key findings
- The demand for housing in student complexes is currently mainly driven by more than 90,000 international students. This number is expected to go up to 125,000 in the coming eight years.
- International student enrolment has not declined as a result of the pandemic. This share has even risen slightly by around 1%.
- The pressure on the student housing market has further increased with added demand from starters.
- The current shortage of 17,300 units will go up in the coming seven years.
- Rising shortages will lead to rising rents.
- Student housing is a safe haven in this current economic downturn.
- Significant shifts have occurred recently in the Savills Student Housing Ranking. Leiden takes the lead, followed by Delft and The Hague.
- Online education cannot be considered an equal alternative for face-to-face education in the long term. In the long term this will therefore not lead to a major decline in the number of international enrolments in the Netherlands.