Rental waiting times to shorten

16th January 2006, Comments 0 comments

16 January 2006, AMSTERDAM — The waiting period for rental accommodation in the public housing corporation sector peaked at 3.4 years in 2004.

16 January 2006

AMSTERDAM — The waiting period for rental accommodation in the public housing corporation sector peaked at 3.4 years in 2004.

But Aedes, the association of housing corporations, said on Monday the tide is turning and waiting times will decrease.

Aedes said there were a number of factors for the improving situation. Housing corporations are building more accommodation, outstripping the numbers being demolished or sold off. Aedes also said the number of tenants trading up to larger homes or buying houses was increasing.

Waiting times differ greatly per region. An average of 118 people apply when a home becomes available for rent in North Holland. The average number of applicants is 27 in Zeeland and 16 in Drenthe.

Buying a house remains to expensive for many tenants in the public housing system. Aedes noted the accent of the government's policy has shifted from homes for sale to the rental market.

The organisation said the figures for 2005 would probably be more positive than the picture in 2004.

[Copyright Expatica News + ANP 2006]

Subject: Dutch news

0 Comments To This Article