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16 jul 2024: Affordable Rent Act has opposite effect in free sector

Finding an affordable rental home is becoming more difficult for residents by the day. The average square meter price rose nearly 10 percent in the past 3 months compared to a year earlier. The supply decreased by almost a third. According to housing platform Pararius, this is largely due to measures that should actually make the rental market more accessible.

Last quarter there were approximately 33 percent fewer rental properties available than a year earlier. Houses from this segment are increasingly going to the purchase market, which according to Pararius director Jasper de Groot has happened at least 8,000 times since the beginning of last year. 'And these figures are only based on the homes for sale offered on Pararius; in reality, this number is most likely three times higher,' he said in the platform's quarterly report.

Source: Gemeente.nu