Spending Power Gap Between Home Owners and Tenants Widens - DutchNews.nl
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8 Articles
Spending power gap between home owners and tenants widens - DutchNews.nl
Spending power gap between home owners and tenants widens
Homeowners have benefited fully from falling housing cost ratios in recent years, according to research by ABN Amro. The housing cost ratio is the ratio between a household's housing costs and disposable income. Young renters and first-time buyers are lagging behind; in major cities, this group is even seeing housing costs rise.
The divide between buyers and renters is growing. Renters structurally spend a larger proportion of their income on housing costs than homeowners. Young renters are seeing their position worsen, particularly in cities such as Amsterdam, Rotterdam, and Utrecht. This is evident from research by ABN Amro, which will be published on Thursday.
The divide between buyers and renters in the housing market is growing, ABN AMRO notes in a new report. According to the bank's experts, housing has become more affordable across the board in recent years. However, existing homeowners, in particular, are benefiting. This is less true for first-time buyers and young renters. In some regions, particularly in major cities, they are actually worse off.
The divide between buyers and renters is growing. Renters structurally spend a larger proportion of their income on housing costs than homeowners. Young renters are seeing their position worsen, particularly in cities such as Amsterdam, Rotterdam, and Utrecht. This is evident from research by ABN Amro, which will be published on Thursday.
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