By our economics editors
07 dec 2023 om 07:41
The value of rental properties will decline this and next year, real estate experts from ABN AMRO expect. According to the bank, government plans to impose stricter rent limits are having a major impact. ABN AMRO also says that rental properties are more difficult to finance.
ABN AMRO expects a decline in value of 11 percent this year and another 5 percent next year. Real estate economist Paul Bisschop of ABN AMRO points to uncertainty among investors about rental rules. Furthermore, the higher interest rates also make it more difficult for landlords.
Outgoing Minister of Housing Hugo de Jonge wants to protect tenants by limiting how much landlords can charge for more rental properties. “That makes it less attractive for landlords to invest in rental properties,” says Bisschop.
Bisschop thinks that the measures to limit investors’ earnings will ultimately be counterproductive. He points out that this could reduce the supply of rental properties. “We have a major housing shortage, so what you should certainly not do is discourage parties from investing in this.”
In recent months, major investors from Sweden and Canada have announced their intention to sell thousands of rental properties. They hinted that the new rental rules played a role in this. It is uncertain whether these rental properties will be rented out again by new owners, or whether they may disappear from the rental market because a new owner will move in themselves.
Beeld: Getty Images
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