More and more homes in Amsterdam are being bought up for renting out. Although the number of homes in the city has increased by thirteen thousand in the last two years, the number of private rental homes has risen by twenty thousand. This is apparent on Wednesday from new figures from the Living in Amsterdam (WiA) 2019 survey.
In contrast to previous years, the number of owner-occupied homes decreased by three thousand last year. Not only does it confirm that homes are being bought up for renting out (buy-to-let), but also that there is a new trend in which people keep their owner-occupied home for renting out when they buy a new home or start living together (leave) to-let).
The share of expensive rental and owner-occupied homes has again increased to more than a third of the total housing stock. This makes it increasingly difficult for more people to find affordable living space, according to the municipality. The average rent in the private free sector in the last two years was 1,286 euros.
According to alderman Laurens Ivens (Building and Living), the pressure on the housing market is only increasing. "The demand for social and medium-sized homes is huge, but more expensive homes are on the way. Therefore, it is necessary to intervene to protect existing social and medium-sized homes and to do everything possible to build new affordable homes. "
Self-housing obligation is a possible solution
Ivens has placed his hope in his obligation to live in new-build homes. This means that only the buyer of the house may withdraw into the home. It has also been agreed with housing associations that the number of social rental properties in the city will increase again.
"The Amsterdam corporations can achieve a growth of 750 social rental homes per year. Up to and including 2023, that is an increase of three thousand homes. On top of that, we will realize eleven hundred medium-sized rental homes," said a spokesperson for the Amsterdam Federation of Housing Associations.