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De rol van de overheid op de woningmarkt : een onderzoek naar het ingrijpen op de woningmarkt

Niehof, D. (2008) De rol van de overheid op de woningmarkt : een onderzoek naar het ingrijpen op de woningmarkt.

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Abstract:The housing sector is a fluctuating market which is one of the most discussed subjects in the Netherlands. This market is important for all citizens of this country. That’s why this market gets a lot of attention of the government. It’s one of her obligations to take care of the housing sector and to intervene when necessary. She has different reasons to intervene, like market failure and social interests. At this time the market is still developing. The financial problems in the U.S.A. has consequences for the Dutch mortgage market and also the housing sector. There are different characteristics of the housing sector in the Netherlands. The first is the mismatch in terms of quality an quantity. Especially the newcomers on the market are having trouble to find a home. There is also a rapid growth of people who want their own home instead of renting one. That’s why the price is increasing. The price of rented houses are regulated and will not increase on behave of supply and demand. There is a lack of rented houses because a lot of people are, based on their living standards and financial situation, living in the wrong house and should move to a house which fits better in their circumstances. There are different actors in the housing sector. One of the most important actors is the government. She’s is responsible for the intervention in the housing sector, like rent support for people who are not able to pay the rent on their own. The consumers, like house owners or renters (the insiders), are also playing an important role in this market. But people searching for their first home or a new one, the outsiders, are at least that important. The suppliers are commercial organisations which sell and rent houses to private persons. The housing corporations rent houses to people who are not able to rent one at the commercial market. To finance this they also sell more expensive houses to other persons. The biggest problem in the housing sector is that beginners don’t have a chance on a house. The outsiders are having trouble to become an insider. The reason is that there are a lot of people who live in houses who are too cheap for them. Based on their income they should have another house. There is no way to force this people to move, the only way to solve this problem is trying to make more expensive houses more attractive. For example, in the Netherlands you pay a tax of 6% when you buy an new house. This transaction costs will keep people from buying a new house, they will have a lot of extra financial costs. But also the social bond to the neighbourhood their live in, will keep them from moving. The house prices in the Netherlands are still rising. That a lot of people still can afford to buy an expensive house, is the result of the mortgage benefits. For people with a good financial position this brings a lot of benefits. Beginners are usually not having that position and will not get the full benefits of their mortgage.Politics is also playing a big role in the housing sector. Every four year there are new elections, and this elections will change the policy. Especially the policy around the mortgage benefits, brings a lot of discussion. But there are no indications that this will change in the first years.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:88 social and public administration
Programme:Public Administration MSc (60020)
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