Affordable Housing Permits in The Hague

    Feb 23, 2021 @ 03:35 PM / by Mona Zayed

    848.Hague

     

    Affordable Housing Shortage

    The Hague’s rental market has been facing an affordable housing shortage over the past several years. During my research, local housing sources explained that the rental market is used primarily by expatriates and lower income individuals. Fewer expatriates are arriving now, and many existing tenants are extending their leases. 

    The pandemic caused many companies to make cutbacks, resulting in lower budgets for renters, further exacerbating the strain on the affordable housing supply. Many vacant rental properties are more expensive than the average renter can afford. 

    Affordable Housing Permits

    The Hague’s government began implementing affordable housing permits in July 2019. The permits prevent individuals with high salaries from renting out cheaper apartments. Our housing sources in The Hague commended the regulation, commenting that the governments intervention was much needed. Before this rule was in place, it was common for renters to seek out property far below their budgets in an effort to save money. While it may be convenient for some to save money, it leaves lower income individuals in a precarious situation since they are often left with no housing options to choose from. 

    The affordable housing permits seem to be successful in addressing The Hague’s current housing distribution problem. However, it is evident that more affordable housing needs to be added to the market in order to meet the demand for cost-efficient options.

    Could your Mobility program use a housing refresh? 

    Reach out today if you have questions on any of your global housing locations. AIRINC is here to help!

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    On-site Insight: 

    This post is part of AIRINC's On-site Insight series. On-site Insight provides readers with an exclusive “behind-the-surveys” perspective of new and existing expatriate locations based on commentary and photos from our global research team. Included is information on general living conditions as well as changing costs for both Goods & Services and Housing & Utilities, along with much, much more.

     


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    Topics: Housing, On-site Insight, Hardship, Global mobility, Insights and Experience, Calculate a housing budget, International Housing Guide, Guyana, Georgetown

    Mona Zayed

    Written by Mona Zayed

    Mona joined AIRINC in 2020 as a surveyor and analyst. Her primary responsibilities include researching international goods and services prices, conducting housing surveys, and analyzing the assembled data. She received her bachelor degrees from Boston University, where she studied Environmental Science and International Relations. In addition to English, Mona speaks Arabic. She is based in Cambridge, MA.