Rent hike for better off may be delayed

Plans to give an extra 5% rent increase to well-off households living in rent-controlled accommodation are likely to be delayed, the Financieele Dagblad reports, quoting government sources.

The government hopes the measure will encourage people earning more than €43,000 a year to leave cheap housing.
However, the legislation is unlikely to be completed by May 1, making a July 1 introduction impossible.
Rent controlled properties, which account for around 50% of the Dutch housing stock, are supposed to be reserved for low-income households.
However, in Amsterdam, for example, some 30% of rent-controlled property is lived in by people who technically earn too much to qualify.

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