Economics
Amsterdam Parliament Seeks Three-Year Freeze for Housing Resales
- City takes fight to property speculators with residency law
- Tabled proposal doesn’t include implementation of time line
Amsterdam.
Photographer: Jasper Juinen/Bloomberg
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Amsterdam’s city legislature approved a proposal that would require home buyers to reside there for at least three years in an effort to prevent investors from snapping up houses just to sell them on for a higher price.