The divide between homeowners and tenants is becoming more visible in the Dutch housing market. In a new report, ABN AMRO states that housing has become more affordable overall. However, the benefits are felt mainly by people who already own a home. First‑time buyers and young renters are not experiencing the same progress.
According to the bank’s economists, private‑sector tenants spend a larger share of their income on housing than homeowners. Their costs rise faster, while owners often see stable mortgage payments and increasing incomes. As a result, homeowners gain more financial space, while renters lose it.
First‑time buyers are also under pressure. In major cities, they face higher prices and must bring more savings to secure a mortgage. Economist Mike Langen notes that the income gap between renters and owners makes the move from renting to buying “increasingly difficult”.
The report also shows that younger renters and buyers often keep their housing costs stable only by choosing smaller homes. When the size of the living space is considered, they pay more per square meter than older generations.
ABN AMRO concludes that the housing market is shifting in favour of existing owners. Newcomers face more obstacles, and the gap between renters and buyers continues to grow.
@anp | NEWSBRAINPORT
