Individuals had 22,000 fewer rental properties in January than a year earlier. The number of private rental properties of companies and other organizations increased, with 19,000. This was mainly due to new construction, transformations and splits, Statistics Netherlands reports on Monday in an investigation at the request of the Ministry of Housing and Spatial Planning.
The number of private rental properties fell to 1.18 million last year. The private rental sector grew in the previous three years. As many as 10,000 rental homes from housing associations and 66,000 owner -occupied homes were added.
The number of rental properties owned by companies last year increased by 12,000 to 419,000. That of foundations and associations grew by 7,000 to 235,000. The number of rental properties from private individuals fell by 22,000 to 529,000 homes.
“The decrease in the number of private rental properties is mainly due to sales and other transitions to the buying sector. On balance, they were 23 thousand homes,” notes Statistics Netherlands.
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In Utrecht and Noord-Holland, with more than 5 percent, most of the rental properties from private individuals were transferred to the buying sector, according to the CBS.
In the four major cities, the balance of transitions of rental properties from private individuals to the buying sector was highest in Utrecht (6.0 percent) and the lowest in Rotterdam (3.9 percent). In The Hague it is 4.8 percent and 5.0 percent in Amsterdam.