Chapter 3: The Netherlands
In the Netherlands, the PRS has been squeezed enormously since the Second World War, its share dropping from 60 per cent of the stock in 1947 to 10 per cent in 2009 (or even less, depending on the data source that is used), as Figure 3.1 shows (Boelhouwer and Van der Heijden, 1992; Haffner et al, 2009; Hoekstra, 2010). The owner occupied sector grew during the whole period reaching almost 60 per cent of the stock. The share of social renting (non-profit landlords who are 'registered' and cannot distribute their profits) increased up to the 1980s and started declining thereafter, the share still being more than 30 per cent in 2009. The decline of the PRS has largely been the result of a decline in the properties owned by private individual landlords (Haffner, 2011; Van der Heijden and Boelhouwer, 1996). Private individual landlords were not subsidized in comparison with social landlords and owner-occupiers, while rents have been regulated since the Second World War. Private organization landlords were also affected by rent regulation, but were compensated as they took advantage of subsidies that were available, pretty much on the same conditions as social landlords. Up until the global financial crisis (GFC), decades of consistent housing policy were showing their effects.
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