DNB calls on government to calm Dutch housing market

Netherlands Bank
Photo: Rachael King

The Netherlands Bank called on the Dutch government to calm the country’s rapidly rising house prices today (October 15).

The DNB said the government should reduce fiscal incentives for house-buyers and adopt a more interventionist role to foster housing supply. Netherlands housing prices have increased annually by 8% on average over the past five years, reaching annual increases as high as 15%, it said.

“House prices are also rising faster in the Netherlands than elsewhere in Europe, so this

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