Middle class squeezed out of housing market; No homes available on €35,000 salary
3 years ago

Middle class squeezed out of housing market; No homes available on €35,000 salary

NL Times  

It is almost impossible for a household with a joint annual income of 35,000 euros or less to buy a house in the Netherlands, the Land Registry reported based on housing market figures for 2017 to 2021. They can only afford 37 percent of homes in the Netherlands, compared to 65 percent four years ago. According to Statistics Netherlands, 4.4 percent of Amsterdam residents were millionaires on 1 January 2020. That means they had total assets of over 1 million euros, including the value of their own home and minus liabilities like mortgage and other debts.

Netherlands Middle Class  population  squeezed  middle  class  amsterdam  homes  salary  housing  available  incomes  millionaires  prices  household  35000  euros  market  netherlands  income

History of this topic

Dutch home prices will climb 7.5% to average €520,000 next year: DNB
1 week, 4 days ago

Dutch home prices will climb 7.5% to average €520,000 next year: DNB

NL Times  

Dutch home prices will continue to rise next year and the year after. On average, around 520,000 euros will be needed for a new home next year, De Nederlandsche Bank predicted. In addition, a well-functioning rental market is needed that could “function as a valve for the housing market.” DNB did note that first-time buyers are unlikely to see their …

Mid-range renters out of luck in big cities; 450 candidates per home in Amsterdam
Trending News
2 weeks, 6 days ago

Mid-range renters out of luck in big cities; 450 candidates per home in Amsterdam

NL Times  

People looking for a mid-range rental home in one of the Netherlands’ five large cities are increasingly out of luck. The development in Amsterdam, Rotterdam, The Hague, Utrecht, and Eindhoven show the massive amount of pressure on the rental market, Pararius director Jasper de Groot told Parool. The five large cities have a high concentration of tenants and landlords and …

€3 million home market is buoyant but renters have less choice
Trending News
1 month ago

€3 million home market is buoyant but renters have less choice

Dutch News  

In total 30 homes costing more than €3 million were bought in Amsterdam over the past year, according to research by real estate advisor CBRE. Amsterdam, the agency said, is developing into a “luxury hot spot” within the Netherlands, given that 80% of the top of the market deals are taking place in the Dutch capital. The low prices for …

People are borrowing more to buy a house as prices rise
1 month, 1 week ago

People are borrowing more to buy a house as prices rise

Dutch News  

Rising house prices and a drop in mortgage interest rates have boosted the average new mortgage in the Netherlands to €346,572, according to mortgage advisory group De Hypotheker. Since then interest rates have gone down slightly and the amount people can borrow, based on the value of the property, has risen. Last week, family spending institute Nibud said with wages …

Dutch House Prices Soar 15% in Utrecht, Haarlem and Eindhoven
Trending News
1 month, 2 weeks ago

Dutch House Prices Soar 15% in Utrecht, Haarlem and Eindhoven

Dutch News  

House prices in major Dutch cities rose between 10% and 15% in the third quarter of 2023 compared to the same period last year. Prices rose most significantly in Haarlem, Eindhoven and Utrecht, with some homes increasing by up to 15%. The shortage of homes to buy is likely to worsen in the short term, with just 8,800 new homes …

Dutch House Prices Soar 15% in Utrecht, Haarlem and Eindhoven
Trending News
1 month, 2 weeks ago

Dutch House Prices Soar 15% in Utrecht, Haarlem and Eindhoven

Dutch News  

House prices in major Dutch cities rose between 10% and 15% in the third quarter of 2023 compared to the same period last year. Prices rose most significantly in Haarlem, Eindhoven and Utrecht, with some properties seeing price increases of up to 15%. The shortage of homes to buy is likely to worsen in the short term, with just 8,800 …

More million euro homes – based on more million euro debts
6 months, 3 weeks ago

More million euro homes – based on more million euro debts

Dutch News  

The number of Dutch homes worth €1 million has grown from just 14,000 to almost 200,000 in the past 10 years, according to property expert Calcasa. In its annual report, published on Thursday, Calcasa found that by the end of last year 197,000 homes in the Netherlands were valued at more than €1 million, accounting for 4% of the housing …

More million euro homes – based on more million euro debts
6 months, 3 weeks ago

More million euro homes – based on more million euro debts

Dutch News  

The number of Dutch homes worth €1 million has grown from just 14,000 to almost 200,000 in the past 10 years, according to property expert Calcasa. In its annual report, published on Thursday, Calcasa found that by the end of last year 197,000 homes in the Netherlands were valued at more than €1 million, accounting for 4% of the housing …

Homeseekers desperate for increasingly rare homes under €200,000
9 months, 1 week ago

Homeseekers desperate for increasingly rare homes under €200,000

NL Times  

The Dutch housing market has a big problem - supply does not meet demand. Home seekers showed the most interest in homes under 200,000 euros last year. “With this data, you can see in black and white that there are unequal relationships between housing needs and the available supply throughout the Netherlands,” Funda director Joost Dop told AD. On average, …

One in five Dutch live in a home that doesn't match their income, lifestyle
1 year, 1 month ago

One in five Dutch live in a home that doesn't match their income, lifestyle

NL Times  

One in five Netherlands residents does not live in a home that matches their income and stage of life, according to a study that I&O Research conducted for Aedes, the association for housing corporations. A small proportion of people who say they do not live in a suitable home indicate they are not looking for another home because it wouldn’t …

High home prices forcing Netherlands city dwellers to go tiny, especially in Amsterdam
1 year, 9 months ago

High home prices forcing Netherlands city dwellers to go tiny, especially in Amsterdam

NL Times  

Tiny houses with a floor space of 50 square meters or less are gaining popularity in the Netherlands due to the sharp price increases in the housing market. Tiny homes are particularly popular in the four large cities, and especially in Amsterdam, according to the Kadaster, the Dutch land registry. The number of tiny homes in Amsterdam skyrocketed from 600 …

Single-income first-time buyers can afford only 3.4% of Netherlands homes
1 year, 10 months ago

Single-income first-time buyers can afford only 3.4% of Netherlands homes

NL Times  

Despite falling home prices, first-time buyers still have little chance in the Dutch housing market. An average single-income first-time buyer can only afford 3.4 percent of owner-occupied homes in the Netherlands, according to figures from appraisal company Calcasa. They have risen much faster than incomes in the past five years and also much faster than interest rates fell in the …

Dutch housing prices will fall 10 percent over two years, says ABN Amro
1 year, 10 months ago

Dutch housing prices will fall 10 percent over two years, says ABN Amro

NL Times  

Home prices in the Netherlands will fall 10 percent in the coming two years, 6 percent in 2023, and 4 percent in 2024, ABN Amro expects. This is because mortgage interest rates have risen sharply while disposable income is under pressure from inflation,” ABN Amro economist Philip Bokeloh said. The higher mortgage interest rates mean people can borrow less on …

Housing prices to fall 8% in EU with “years of declining” prices in Netherlands
1 year, 11 months ago

Housing prices to fall 8% in EU with “years of declining” prices in Netherlands

NL Times  

Home prices in the Eurozone will fall in the next two years, and the Netherlands and Germany will be hit hardest with a fall of around -8 percent by the end of 2024, according to credit insurer Allianz Trade. “After ten years, this is now coming to an end, and we are heading for years of decline.” In Sweden, home …

Nearly 7 percent of kids in Netherlands living at risk of poverty
2 years ago

Nearly 7 percent of kids in Netherlands living at risk of poverty

NL Times  

Last year, 891,000 people in the Netherlands lived in households with an income below the low-income threshold. That means that 6.6 percent of children in the Netherlands are growing up at risk of poverty, Statistics Netherlands reported. That percentage is slightly lower than in 2020 when 6.8 percent of children lived at risk of poverty. The long-term poverty risk, when …

Number of people unable to move house doubles in six years
2 years, 1 month ago

Number of people unable to move house doubles in six years

Dutch News  

The number of people unable to move because of a lack of suitable housing has more than doubled in six years. The latest annual survey by WoonOnderzoek Nederland found 900,000 people who wanted to move house in the next two years but could not find a place to live. The problem is particularly acute among young people looking to move …

Number of people unable to move house doubles in six years
2 years, 1 month ago

Number of people unable to move house doubles in six years

Dutch News  

The number of people unable to move because of a lack of suitable housing has more than doubled in six years. The latest annual survey by WoonOnderzoek Nederland found 900,000 people who wanted to move house in the next two years but could not find a place to live. The problem is particularly acute among young people looking to move …

Single average Dutch people have nearly no chance of buying a home: Mortgage advisor
2 years, 4 months ago

Single average Dutch people have nearly no chance of buying a home: Mortgage advisor

NL Times  

For single people with an average income, the chance of finding an affordable owner-occupied home in the Netherlands is virtually nonexistent, mortgage broker De Hypotheker concludes after research. This is mainly because these potential home buyers are able to borrow less than last year due to the increase in mortgage interest rates. "The supply of affordable housing for this group …

Netherlands in top 4 EU countries with fastest rising home prices
2 years, 5 months ago

Netherlands in top 4 EU countries with fastest rising home prices

NL Times  

The Netherlands is one of the European Union’s leading countries when it comes to increasing house prices. According to data from Statistics Netherlands and the European statistical office Eurostat, housing prices only increased more in the Czech Republic, Estonia, and Hungary. House prices in the Netherlands rose on average by 19.5 percent compared to the first quarter of last year. …

Dutch wealth distribution more skewed than thought; Richest 1 percent hold 26% of wealth
2 years, 5 months ago

Dutch wealth distribution more skewed than thought; Richest 1 percent hold 26% of wealth

NL Times  

The distribution of wealth in the Netherlands is "more skewed than expected," according to a study commissioned by the Cabinet. The wealthiest 1 percent experience "a lower average tax burden," according to the researchers, as the tax on wealth is much lower than that on work. Inheritance and gift tax also contribute to wealth inequality, mainly through the "business succession …

The Netherlands has 143,000 homes that would cost more than €1 million
2 years, 7 months ago

The Netherlands has 143,000 homes that would cost more than €1 million

Dutch News  

The Netherlands has an increasing number of homes valued at more than €1 million and they now account for 3% of the total housing stock, according to real estate data company Calcasa. Most million euro homes are in Amsterdam – some 18,550 in total – and 583 are concentrated on the Keizersgracht, which has the most €1 million plus homes …

Dutch housing prices rising twice as fast as EU average
2 years, 8 months ago

Dutch housing prices rising twice as fast as EU average

NL Times  

Home prices in the Netherlands were 18.7 percent higher in the last quarter of 2021 than a year earlier. The price increase was almost double the European Union average of 10 percent and puts the Netherlands in the top five EU countries with the fastest increasing home prices, Statistics Netherlands reported. In the fourth quarter of 2021, newly-built homes were …

More homes in Amsterdam are free market rentals than owner-occupied
2 years, 10 months ago

More homes in Amsterdam are free market rentals than owner-occupied

NL Times  

The buy-to-let and keep-to-let trend has rapidly grown in Amsterdam, to the extent that there are now more expensive free-market rentals in the city than owner-occupied homes. Over the past two years, some 10,000 owner-occupied homes turned into free-market rentals, Amsterdam said in a press release on its biennial Living in Amsterdam survey for 2021. We are building massively in …

Dutch housing prices increased at fourth-fastest rate in EU
2 years, 11 months ago

Dutch housing prices increased at fourth-fastest rate in EU

NL Times  

The Netherlands is in the top five EU countries where home prices increased the most. In the Netherlands, they became almost 17 percent more expensive, according to European stats agency Eurostat. The supply of owner-occupied homes in the Netherlands is dwindling rapidly, the Dutch Association of Real Estate Agents reported earlier this week. Low interest rates probably also factor in …

Home sales dropping as house prices continue to soar
3 years, 2 months ago

Home sales dropping as house prices continue to soar

NL Times  

For the second consecutive quarter, the number of existing homes sold in the Netherlands was lower than the previous year, dropping 13.4 percent. Home prices continued to increase, climbing 17.5 percent on average compared to the third quarter of 2020, Statistics Netherlands reported. In the third quarter of this year, the Land Registry recorded 53,875 residential transactions - 13.4 percent …

400% gap between home prices in Amsterdam, The Hague's cheapest & most expensive neighborhoods
3 years, 3 months ago

400% gap between home prices in Amsterdam, The Hague's cheapest & most expensive neighborhoods

NL Times  

The difference between cheaper and more expensive neighborhoods in the Netherlands is greatest in the city of The Hague. Relatively speaking, De Bijlmer is the cheapest with an average house price of 280,000 euros. A house in the Apollobuurt, the most expensive neighborhood in Amsterdam, costs four times as much at more than 1.1 million euros. The average house price …

Social housing system in a bind as home sale prices, free market rents rise high
3 years, 3 months ago

Social housing system in a bind as home sale prices, free market rents rise high

NL Times  

The Dutch housing crisis is apparent in many areas in the Netherlands, including in the social housing sector. With house prices on the rise, the number of people looking for a social housing apartment has only increased in the past years. In the region of Haaglanden alone, around 160 thousand people indicated that they are on the lookout for a …

Dutch home prices up 16 percent; Biggest increase in 21 years
3 years, 4 months ago

Dutch home prices up 16 percent; Biggest increase in 21 years

NL Times  

In July, existing owner-occupied homes in the Netherlands were 16.3 percent more expensive than the same month last year - the largest price increase since October 2000 when home prices also jumped 16.3 percent, Statistics Netherlands said on Monday. Since the post-credit crisis low point on the Dutch housing market in June 2013, home prices increased steadily to their highest …

Dutch home prices up record 11.5 percent in a year
3 years, 7 months ago

Dutch home prices up record 11.5 percent in a year

NL Times  

The average price of a home in the Netherlands was 11.5% higher in April compared to a year earlier, research done by Statistic Netherlands showed. Home prices have been steadily increasing for nearly eight years now, owing in part to the ongoing housing shortage. CBS suggested such a dramatic difference was likely a result of the removal of property transfer …

Amsterdam increasingly losing residents to the countryside
3 years, 11 months ago

Amsterdam increasingly losing residents to the countryside

NL Times  

Amsterdam has been losing residents to the countryside since 2015, and the number of Amsterdammers leaving the city behind is increasing every year, Het Parool reported based on figures from realtors' association NVM and Statistics Netherlands. Earlier this week, NVM reported that home prices across the Netherlands increased by 11.6 percent last year. The current Amsterdam coalition of GroenLinks, D66 …

Private sector rents drop for second quarter, bigger cities lead the way
3 years, 11 months ago

Private sector rents drop for second quarter, bigger cities lead the way

Dutch News  

Rents for new contracts in the private, or non-rent controlled sector, continued to go down during the final three months of 2020, according to new figures from housing platform Pararius. The decline has been boosted by the collapse of tourism and the fact new expats are not arriving, but rent levels had already reached a maximum before the coronavirus pandemic …

Dutch house prices still rising; Groningen homes up 12%
4 years, 1 month ago

Dutch house prices still rising; Groningen homes up 12%

NL Times  

Home prices in the Netherlands are still rising, though there's been a shift in which areas are seeing the biggest increases. Where in past years home prices increased most in the Randstad and especially Amsterdam, it is now the more provincial cities and rural areas that are seeing the biggest jumps, according to figures from online appraiser Calcasa. The province …

NL home prices up 8% to highest level ever
4 years, 3 months ago

NL home prices up 8% to highest level ever

NL Times  

In August, existing home prices in the Netherlands were 8.2 percent higher than in the same month last year - the biggest increase in 1.5 years, Statistics Netherlands said on Monday. A total of 19,034 homes changed ownership in the country in August, nearly 3 percent less than in August 2019, according to figures from the Land Registry. According to …

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