2 years, 1 month ago
Investors buy up fewer homes to rent out following tax increase
Dutch NewsPrivate investors are buying up fewer houses to rent out than in previous years and in Rotterdam and Amsterdam their share of housing transactions has halved, according to new land registry figures. In the first half of this year, private landlords bought 5,200 properties, compared with 6,000 in the first half of last year and 8,000 four years ago. This means private investors’ share of housing transactions has gone down from 8% to 6% of the total over four years. Since last year, investors have had to pay higher transfer taxes than private individuals and this would appear to be damping demand, the land registry said.
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