Savills

Publication

Residential Market Update Summer 2022

A COMPREHENSIVE OVERVIEW OF THE CURRENT DUTCH HOUSING MARKET.

The Affordable Housing Programme that was presented in May 2022 by the Minister of Public Housing, Spatial Planning and the Environment states that the Dutch housing market must be made as affordable and sustainable as possible, as quickly as possible. The programme raises an important question: where can we expect the greatest impact to follow from the expansion of the regulated rental sector? And will this achieve the intended aim of facilitating people’s search for the rental accommodation they desire?


Key findings

  • The expansion of the WWS points system will have a marked effect on the Dutch housing market
  • The extent of this effect will depend on the rental limit chosen (€1000 or €1250) and on any supplementary measures adopted in the new regulations
  • This will have the most noticeable effects in the most desired urban regions, and particularly for smaller houses which are currently not regulated but will fall into the regulated category once this measure takes effect.
  • A logical consequence of the expansion of the WWS points system is that demand for housing in urban areas will grow.
  • This measure will therefore not solve the problem of rental housing affordability, but merely replace one problem with another:
  • Instead of the problem being one of lower-quality houses with high rental prices, a new problem will arise: having to wait even longer for suitable social housing, and perhaps never getting to the front of the queue at all.

 

Read the full report here.