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Investment in a new housing project in the Netherlands plummeted to € 282 million in the second quarter of 2022, according to a new study by real estate consultant CBRE.

According to CBRE, total investment in the first quarter was € 777 million, with a long-term average of around € 664 million. “We have invested in new homes only twice in the last quarter in the last seven years,” the researchers said.

Investors have warned that the government’s plans to slap far more residential real estate rent management will impact new developments.

“There is a risk that the government will fully regulate rents in the mid-market price range, affecting both rents and maximizing rent increases,” CBRE said. “This uncertainty is disastrous for new investments.”

Housing Minister Hugo de Jonge announced in May that it plans to extend its current rent management system to more homes based on size, location and equipment points, with a cap of € 1,000 to € 1,250. Did.

He also hopes that by the end of the decade, about 900,000 new homes will be built in the Netherlands.

However, CBRE said tightening of regulations, coupled with high construction costs, would pay for a large number of new housing developments with increased local rule and planning issues.

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