Economics
Amsterdam Is Trying to Crack Down on Its Rentals Market
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Amsterdam is the latest European city to try to get a grip on its buy-to-let housing market as it seeks to stop a wave of landlords from capitalizing on booming property prices.
Dutch officials proposed an outright ban on newly built homes being rented out on Thursday, to free up supply for the city’s more than 850,000 residents. It’s one of a number of steps designed to cool demand after rents climbed almost 40 percent in 12 years and the price to buy property in the capital rose to a record.