10 June 2014
The Dutch residential market has moved up the target lists of both domestic and international investors very quickly in the space of a few months, the Netherlands’ briefing heard.
One of the drivers has been an improvement in the regulatory system. Addressing the briefing, Dutch housing minister Stef Blok said that the government had taken steps to address the high mortgages and mortgage rebates available to private home owners and to liberalise rent control limits in the private rental sector. In addition, the encroachment of the country’s social housing associations on the private rental sector had been rolled back.
Housing associations perform a valuable service, he said, in providing accommodation for people on low incomes but they should not be competing with the private sector. ‘It is very important for the Dutch residential real estate market that investors are not confronted with an unlevel playing field,’ the minister told the briefing.