ad

ABN Amro sees housing market imbalance: millions of single-family homes ‘too many’

ABN Amro sees housing market imbalance: millions of single-family homes ‘too many’

ABN Amro reports that the Netherlands has a surplus of millions of single-family homes and needs to drastically change its housing construction strategy. The bank warns of potential vacancies and declining property values once the baby boomer generation passes away.

Based on reporting by ad. Translated and condensed by LocalHeadlines.

Related articles

End to intake freeze at Levvel, youths with severe issues can once again be admitted in Amsterdam

End to intake freeze at Levvel, youths with severe issues can once again be admitted in Amsterdam

Care organization Levvel has ended its intake freeze for Amsterdam youth following successful negotiations to secure more beds for those in need of severe residential care. While access has been restored, the municipality is demanding better coordination among providers and has initiated an independent financial audit of Levvel to ensure future stability.

Cabinet plans to require homeowners to install hybrid heat pumps starting in 2029

Cabinet plans to require homeowners to install hybrid heat pumps starting in 2029

Beginning in 2029, homeowners in the Netherlands must install hybrid heat pumps instead of gas-fired boilers when replacing their heating systems. The government plans to exempt apartments and monuments, while a decision on future subsidies for these costly installations is expected by 2027.

Private landlords are renting out fewer properties in the city: "A problem for students"

Private landlords are renting out fewer properties in the city: "A problem for students"

Private rental properties in Amsterdam have decreased by 18 percent in three years as landlords sell their units due to new rent control laws and increased taxation. While this shift favors buyers, it creates a significant housing crisis for students and individuals who cannot afford to purchase property in the city.

Butcher surprised by drop in meat consumption: 'Customers keep coming'

Butcher surprised by drop in meat consumption: 'Customers keep coming'

Meat consumption in the Netherlands has dropped by 12 percent over the last ten years, driven largely by the rising cost of beef and pork. Despite this national decline, specialized butcher shops remain stable by diversifying their product assortments and catering to customers who prioritize quality.

No funding for Zuidasdok megaproject in new cabinet plans

No funding for Zuidasdok megaproject in new cabinet plans

The Dutch government has frozen funding for the northern part of the Zuidasdok project to prioritize the maintenance of existing national infrastructure. This decision delays one of the country's largest development projects, sparking concerns in Amsterdam over long-term economic and accessibility impacts.