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The Smouldering Issue

In: Hot Property

Author

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  • Laurens Ivens

Abstract

In the 90s, almost 90% of the housing supply in Amsterdam consisted of rental homes, largely in the affordable segment. But at the same time, a reduction of the social rental sector and stimulation of the market sector had gained the upper hand. At this moment, the housing market of Amsterdam has become overheated. Homes are increasingly more unaffordable for low and middle income households. More and more groups that previously had easy access to the Amsterdam housing market are now excluded from it, which is putting pressure on the old ideal of the undivided city in which rich and poor live amongst one another. Therefore the Housing Agenda 2025 has been adopted, in which it is stipulated that the target for new construction is 40% controlled rent, 40% moderately priced rent or purchase and 20% market-value homes. Construction of new homes is one of the Municipality’s main management instruments to keeping the housing market accessible. For the construction of homes, however, the Municipality is also dependent on market players and present price developments have caused the new homes to be increasingly smaller. These developments can only be adjusted to a limited extent.

Suggested Citation

  • Laurens Ivens, 2019. "The Smouldering Issue," Springer Books, in: Rob Nijskens & Melanie Lohuis & Paul Hilbers & Willem Heeringa (ed.), Hot Property, chapter 0, pages 121-127, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-11674-3_10
    DOI: 10.1007/978-3-030-11674-3_10
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