Real Estate in the Netherlands: A Taxonomy of Risks and Policy Challenges

Author/Editor:

André Geis ; Oana Luca

Publication Date:

August 6, 2021

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

Soaring real estate prices and valuations despite the economic downturn brought by the pandemic have focussed the attention of Dutch policymakers on potential macro-financial and socio-economic implications. In this context, our paper reviews the salient features of Dutch commercial and residential real estate markets with an eye to identify pertinent risks and challenges. While we find that the Dutch authorities have made considerable strides to strengthen real estate-related policies in recent years, some, and partly long-standing, issues remain, requiring additional efforts to bolster financial stability, address housing supply shortages and manage secular changes affecting property markets.

Series:

Working Paper No. 2021/206

Frequency:

regular

English

Publication Date:

August 6, 2021

ISBN/ISSN:

9781513589565/1018-5941

Stock No:

WPIEA2021206

Pages:

23

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