The housing market in The Netherlands as a driver for social inequalities: proposals for reform

The Dutch housing market suffered more than many other West-European housing markets from the global financial crisis. After some stimulation measures at the beginning of the crisis, the market was hit hard by several government policies in both the rented and the owner-occupied sectors. Against this background this paper pays attention to...

The role of government and financial institutions during a housing market crisis: a case study of the Netherlands

The generous mortgage tax relief enjoyed in the Netherlands and the possible existence of a house price bubble cannot explain the sharp decrease of house prices in the Netherlands in the period from 2011–2013. This sharp decline can, however, be explained by the rigorous adjustments to mortgage lending criteria after 2011. Key financial...