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Fewer rent-controlled properties came free last year

Tuesday 29 May 2012

Fewer rent-controlled properties came back on the market last year than in previous years, according to research by Nos television in a survey of 160 housing corporations.

The slow turnover in social housing means people in the bigger cities are waiting up to 15 years for a rent-controlled property, the survey shows.

Last year, just over 170,000 properties in the social housing sector came up for rent, compared with almost 182,000 in 2010 - a drop of 6.3%. In 2006, turnover was around 9%.

The Netherlands has 3.2 million rent-controlled homes – meaning the rent is less than around €650 and only people on low incomes are eligible to live in them.

The lower turnover is due to fewer homes being built and people living longer in the same (large) property because of the lack of alternatives. The new income limit of €34,000 is also discouraging people from moving house, Nos said.

© DutchNews.nl

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Readers' comments (4)

with the value of homes falling, falling, falling....this is only logical. who in their right mind would purchase a home right now and immediately enter into a negative equity situation? ohh sorry probably lots of people - and this lack of financial common sense is also a good portion of the cause of what got us in this mess to start with.

By Bill | May 29, 2012 10:13 AM

Part of the problem is fewer new homes being built. But what about the plethora of office buildings that keep going up. Why, oh why, oh why? *scratches head*

Time to rething your concept of 'zoning' - there are entire neighbourhoods that could be built where row after row of empty officeblocks stand, making no financial return for any 'investor' or landlord....

By osita | May 29, 2012 6:49 PM

"The lower turnover is due to fewer homes being built and people living longer in the same (large) property because of the lack of alternatives." - the lower turnover is due to people renting out thier social houses for double and tripple the rent they pay to the goverment! people making milliong and using the low-income people to do that - so bad!

By Thy.Kantler | May 30, 2012 11:11 AM

@Osita: The problem is most definitely not that more homes need to built. There are a glut of homes available in this country, ergo prices are falling. People are moving less because they are uncertain of the economy: They are losing their jobs! Fix the problem of unemployment with policies that promote growth, provide more social housing, and liberalize restrictions on private rentals and the issues will be solved.

By Kevin | May 30, 2012 6:39 PM

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