Tenants in the Netherlands will see significant rent increases next year across both the private and social rental sectors. The mid-range rental prices are allowed to rise the most, by nearly 8%, according to new government figures.
Since July 1, regulations for mid-range rentals have been in place, meaning landlords cannot arbitrarily set rent prices for these properties. They are allowed to increase rent annually, but within a set maximum limit, which is linked to wage growth plus an additional 1%.
As wages rose by 6.7% this year, the mid-range rent can increase by up to 7.7%. With a current rent of 1000 euros, this could mean an increase to 1077 euros monthly.
Source: NOS