Housing

Bogota, Colombia as seen during a recent AIRINC cost of living survey.

Political Change and New Regulations

The rental market is up in Bogota. The newly elected president’s tax cuts on corporations have led to more investment and more assignee arrivals, increasing demand for an already limited housing supply. 

Dutch Housing Market

The housing markets in the Dutch cities that I surveyed – Amsterdam, The Hague, and Rotterdam – are showing rapid growth with increased demand from new expatriate arrivals. While uncertainty looms, opportunity grows in the wake of change.

London Housing Market

London has registered eight consecutive down quarters in real estate sales. Though the decline is not entirely due to Brexit, the continued uncertainty surrounding Brexit has shaken the confidence of many potential investors and home-buyers. Conversely, the lettings market remains stable, if not competitive, with demand above the available housing supply on the market.

Housing in Brazil

As expatriates assigned to Brazil search for rental housing, they’ll soon ask an all too common question we get in the Data department at AIRINC: 

‘What is IPTU and how much does it cost?”

Dublin, Ireland as seen during a recent AIRINC cost of living survey.

Demand outweighing Supply

Residential rents continued to rise in Dublin and throughout the country even as sales prices stagnated. With hundreds of international pharma, medical device, and tech companies employing thousands of local transferees and expat assignees in Dublin, the city has long suffered a rental crisis with an undersupply of rental stock

Domestic Moves

If you are relocating or temporarily assigning an employee within a single country, what kind of support should you give them? What is the impact on their compensation?

 Novorossiysk, Russia as seen during our recent on-site survey. Photo taken by AIRINC surveyor Eugene Kobiako.

Foreign Citizen Registration Law

In July of 2018, Russia changed its rule for foreign citizen registration. Previously, a foreign resident could register using their company address. The new rule no longer allows this and requires a home address.

Ankara, Turkey as seen during AIRINC's recent on-site survey. Photo taken by AIRINC surveyor Anne Benjamin.

Falling Rents and Demand in Turkey

Rents in Turkey decreased due to lower demand, the depreciation of the lira, and the economic conditions that resulted from recent government policies and security concerns. A recent change in lease laws required that all contracts be signed and paid in Turkish lira (TRY) instead of USD or EUR.