Monday, December 13, 2004

Housing shortage

Government housingIn Holland the government has taken a monopoly on building houses in the budget sector. The subsidized semi-governmental housing corporations (Woningcorperaties) are responsible for building in the budget market to provide affordable housing. But not enough are build.

Recent research by 'Waarborgfonds Sociale Woningbouw' reported in the Dutch Financial Paper (Financieel dagblad) revealed that these housing corporations have billions of dollars in cash reserves. But they hardly build anything substantial number of houses. With the current level of building it is calculated that their reserves will even grow even bigger.

There is growing protest against this, because there is a chronicle shortage of housing in Holland.
Source: Nieuws.nl

7 Comments:

Anonymous Anonymous said...

That's truly silly - i though that they changed that in the 1980s. As a postwar measure, it makes sense, but 60 years on?
The effects are huge. Small scale development allows for a great deal of buisiness and wealth creation. In fact, how do you think Donald Trump got started?
The policy also supresses technology, and reduces the diversity of building stock. Terrible.
As an architect, it would drive me insane to do that kind of work.

5:19 PM  
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7:03 PM  
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Anonymous Anonymous said...

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10:21 AM  

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