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Housing prices within the Netherlands above EU common

July 7, 2024 by certainly one of our editors

Excessive relative lease . Leidserijn Bld V&M by way of g-maps

In 2022, the Dutch spent a median of 23 % of their disposable revenue on housing, which is larger than the European common of 20 %.

sixth place

The Dutch spend a median of 23 % of their disposable revenue on housing. This places the Netherlands in sixth place within the European Union. Rents within the Netherlands have been 18.5 % larger in 2023 than in 2015. This lease enhance places the Netherlands within the European center bracket. That is reported by Statistics Netherlands (CBS) primarily based on a comparability of housing prices within the European Union.

To get an thought of ​​the affordability of housing in a rustic, we will take a look at the share of disposable revenue spent on housing (lease or mortgage). In Greece, these relative housing prices have been the best, in 2022 folks spent a median of 34 % of disposable revenue on housing. Of allEU Member States Maltese spend the smallest share of their revenue on housing, particularly 9 % in 2022. Dutch folks spent a median of 23 % of their disposable revenue on housing in 2022, which is larger than the European common of 20 %. The annual Monitor of Broad Nicely-being by Statistics Netherlands exhibits that these relative housing prices within the Netherlands observe a downward development. For many nations, the housing ratio in 2022 was barely decrease than in 2015.

Share of housing prices in disposable revenue 2022 Bld CBS

Home rents virtually in all places within the EU larger than in 2015

In 2023, rents within the European Union have been on common 13.3 % larger than in 2015. In each Member State, rents have been larger than in 2015, besides in Greece, the place rents have been 2.1 % decrease in 2023 than in 2015. Within the Netherlands, rents have been 18.5 % larger.

The rise in rents in comparison with 2015 was highest in quite a few Central and Jap European nations. In Lithuania, rents have been 68.2 % larger than in 2015.

Residential rents 2023 Bld CBS

Dutch younger folks comparatively usually reside independently

The annual Monitor of Broad Nicely-being of Statistics Netherlands exhibits that the varied European member states present totally different patterns for when it’s ‘regular’ for younger folks to depart the parental nest. That is clearly mirrored within the share of younger folks aged 25 to 30 who nonetheless reside with their dad or mum(s). This share, at 80.7 %, is highest amongst residents of Croatia. In Slovakia and the southern member states akin to Italy, Portugal and Spain, there are additionally comparatively many younger individuals who reside with their dad or mum(s).

25 to 30 12 months olds dwelling with mother and father Bld CBS

The Netherlands exhibits a unique image. In our nation, 17.3 % of younger folks lived at house with their dad or mum(s) on 1 January 2023. Solely within the northern member states; Sweden, Finland and Denmark is that this share decrease. The comparatively giant distinction between these lowest three nations and the Netherlands is hanging. In Denmark, lower than 5 % of younger folks between the ages of 25 and 30 lived at house with their dad or mum(s).

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