Fewer expats: private sector rents fall | Money

That is what housing platform Pararius concludes from the rental properties on its own site. The free sector is all rental properties with a price of up to €752.33 per month.

The fact that expats stay away during the corona pandemic in particular leads to lower rents, researchers suspect. The decline in the average rent has been going on for four quarters. Furnished rental housing, in particular, popular with expats, became cheaper. The average price fell by 6% in one year to €18.13 per square meter.

Fewer expats

Due to travel restrictions and the switch to working from home, far fewer expats came to the Netherlands than before. Especially in Amsterdam, the lack of that target group seems to hurt landlords. For new leases, the average price was €21.53 per square metre, 6.8% less than a year earlier.

In Rotterdam, the average rent decreased by 4.6% to €15.58 per square meter. Prices also fell in The Hague and Eindhoven, but to a lesser extent. Of the five largest Dutch cities, only Utrecht withdrew from falling prices. In the Dom City, prices remained the same at €17.81 per square metre.

Province more expensive

Rental housing in the free sector is not becoming cheaper in all regions. They did increase in the provinces of Gelderland, Noord-Brabant, Overijssel, Utrecht and Flevoland. In the latter province, Almere and Lelystad are notable risers, with price increases of 7.9 and 12.5% ​​respectively. According to Pararius, municipalities just outside the major cities in the Randstad are popular with tenants who do not want to pay the highest price for their home.

Source: De Telegraaf by www.telegraaf.nl.

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