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Rental prices in major cities skyrocket

Rental prices in major cities skyrockett (Photo ANP)

Rental prices in the private sector are going through the roof in the major cities. In Amsterdam, The Hague and Utrecht rents were 7% higher compared to the same period last year, in Rotterdam even 9%. Pararius.nl came forward with these figures beginning of August. Pararius.nl, claims to be the largest website for rental properties in the Netherlands.

Tenants in Amsterdam currently pay an average of € 20.68 per square meter per month for a private house. Never before was the rent this high in the capital. In rural areas tenants paid € 12.71 per square meter last month. That was 2.3% more than in the same period last year.

Larger cities

“The offer of rental properties in the private sector is under pressure”, says Pararius director Jasper de Groot. “For the last two years there was continuously more demand than supply. This disruption ensures an increasing effect on the rent, especially in the larger cities”. Besides the four major cities, Pararius saw a firm rent increase in Apeldoorn, Assen, Den Bosch, Gouda, Groningen, Haarlem, Leiden, Lelystad and Middelburg.

According to the lease site, especially people with a double mid income with 1 or 2 children  are interested in renting a house in the city lately. “Buying a house is too much of a long term decision for them. Besides that, starters usually have limited funding possibilities due to lack of indefinite employment contracts”, says De Groot.

Last quarter brokers posted 11.358 houses on Pararius.nl, 12.796 houses were rented.

[Source: ANP and Pararius]

 

Nathalie van Haaster

Nathalie van Haaster

Hello everyone! My name is Nathalie and I am a real estate agent at Puur Makelaars. I live happily in Heemstede together with my husband and our two sons. My two boys were born in Stockholm where we lived for four amazing years. I love to play tennis, listen to live music and I can never get enough of the most relaxing view, all year round: the sea.
Nathalie van Haaster

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