Gov't aid to first time buyers could push house prices higher: DNB
2 years, 6 months ago

Gov't aid to first time buyers could push house prices higher: DNB

NL Times  

A plan to let municipalities help first-time homebuyers financially may have adverse effects, De Nederlandsche Bank warned. This and other measures focused on starters in the housing market could drive home prices up even further, the Dutch central bank and other economists said to AD. The Dutch housing market is overheated, with more demand than supply of affordable homes and home prices continuously climbing. The aid also only helps a small group in the housing market and disadvantages others, economists said to the newspaper. "All the extra money currently going into the housing market actually flows to landowners," economist and housing market expert Frans Schilder of the Netherlands Environmental Assessment Agency said to AD.

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History of this topic

Home seekers, sellers expect more overbidding on Dutch housing market: Funda
1 year, 2 months ago

Home seekers, sellers expect more overbidding on Dutch housing market: Funda

NL Times  

Both potential buyers and sellers in the Dutch housing market expect overbidding to increase in the coming period, reported Funda, the Netherlands’ main site for people looking to buy or sell a home. 60 percent of Funda’s respondents said that the current housing supply is very limited - a perception that may increase overbidding as home seekers become desperate to …

Rise of first-time buyers drives down house prices in biggest cities
1 year, 7 months ago

Rise of first-time buyers drives down house prices in biggest cities

Dutch News  

House prices are falling faster in the four largest cities than the rest of the Netherlands as first-time buyers become the dominant players in the market, according to land registry figures. The Dutch land registry Kadaster said 58% of homes in the cities are now sold to first-time buyers, compared to 50% a year ago. The national mortgage guarantee service …

Dutch housing update: house prices, transparency and borrowing
1 year, 10 months ago

Dutch housing update: house prices, transparency and borrowing

Dutch News  

2023 has started up with a flurry of housing news, including a further drop in house prices and predictions of more to come. House prices are continuing to fall House prices fallen for five months in a row as rising interest rates reduce borrowing, according to the Dutch national statistics office CBS. ‘There has been a lot of negative news …

HomeBuilder and first home buyer grants made housing less affordable says Reserve Bank
2 years, 7 months ago

HomeBuilder and first home buyer grants made housing less affordable says Reserve Bank

ABC  

Government subsidies such as first home buyer grants and HomeBuilder have boosted demand for homes and helped push up house prices, with "pervasive" impacts on housing outcomes for some Australians, according to the Reserve Bank. She noted that solid rates of home-building during the past two years had been due to very low interest rates as well as government grants, …

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