The price to rent a home in the Netherlands continued to rise in the second half of 2018. The average rent increased by 2.9 percent. The average price per square meter increased by 5.9 percent, according to realtors association NVM and real estate managers association VGM, ANP reports.
NN Groep is selling a portfolio of 6,777 homes to residential investor Vesteda for 1.5 billion euros, the two parties announced on Friday. This is one of the biggest deals ever on the Dutch rental housing market. Vesteda CEO Gertjan van der Baan called the scope of the deal unique, NU.nl reports.
Only 15 percent of renters in the Netherlands are satisfied with the home they live in, according to a housing index report by ING. Most common complaints involve that their rental home is too small or too expensive, RTL Nieuws reports.
Renters in the Netherlands feel that they pay too much for what they get. Many wish they had a garden or that their home was larger.
Minister Kasja Ollongren of Home Affairs gave the municipality of Zaanstad permission to ban known trouble-makers and people with a criminal record from renting homes in the problem neighborhoods of Poelenburg and Peldersveld. According to the municipality, this selection policy is the only way to improve the quality of life in these neighborhoods, Het Parool reports.
The Netherlands again saw an increase in the average rent price during the first half of this year. On average, tenants who moved home paid 10.54 euros per square meter for a rental home in the free sector, 6.9 percent more than last year, according to figures from branch organization for real estate managers VGM NL and the Dutch association of real estate agents NVM, NU.nl reports.
The figures are based on on about 35 thousand free sector rental agreements on an annual basis. This includes only new rental agreements, and not tenants who stayed on in a rented property.
The average rental price per square meter for a home in the private sector increased by 5.9 percent in the second quarter, compared the same period last year, according to a report on the housing market by estate agents' association NVM and property management group VGM
Home rental prices in the private sector continued its increase in the fourth quarter of 2015. The average price per square meter amounted to 9.68 euros, 5.1 percent higher than at the end of 2014 and 1.7 percent higher than in the third quarter of 2013, according to figures from realtors association NVM and the association of property managers VGM NL
Cities, corporations and developers are too focused on owner-occupied homes and are not building enough rental homes to cope with the ever increasing rent prices - a disturbing and also unnecessary trend, according to property consultant Capital Value's report The Property Investment Market 2016
Housing associations offer very little cheap rental housing with rent up to 403 euro. Only 7 percent of available rental homes fall into this cheap category.
The coalition parties want more rental houses built so that the waiting lists can become shorter.