Rents are rising faster outside the big Dutch cities: report

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The rent for ‘free sector’ homes in the Netherlands is rising faster outside the big cities, according to a report by leading property rental platform Pararius released on Thursday.

Rents rose by an average 10% in the smaller cities while in the big western urban agglomeration known as the Randstad rents rose an average of 4.3% in the second quarter of 2017, Pararius said.

But prices in the northern province of Groningen shot up 17% in the period while those in the newest province Flevoland chalked up a 23% increase.

The increase was not unexpected, said Pararius director Jasper de Groot: ‘The limits have been reached in many areas with very high rents. A lot of tenants are giving up and looking elsewhere, outside the city.’

De Groot expects the trend toward higher rents to continue ¬†throughout the country. ‘Demand continues to increase and the structural shortage of good housing grows wider,’ he said.

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