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> investors won't be allowed to buy cheap and medium-priced homes and rent them out So, who will be renting cheap and medium-priced homes? There are already e
by Isinlor 5y ago
> investors won't be allowed to buy cheap and medium-priced homes and rent them out
So, who will be renting cheap and medium-priced homes?
There are already extremely severe shortages as exemplified by students camping in tents.
- jhgb 5y agoPeople living in them? That's how it mostly works elsewhere. Also, it is not customary in the Netherlands for students to live in dorms?
- 988747 5y agoRight, because that’s what every family dreams about: having a stranger living in their house. Also, if there was enough space in dorms for everyone there wouldn’t be those students camping in tents, as OP wrote.
- jhgb 5y agoThere's no need for every family to sublet. Usually a small minority of residences house subletters. I'm not quite sure how worsening the situation for everyone by property investors hoarding houses would make it better for students, either.
- 988747 5y agoProperty investors are not "hoarding" houses. They buy them and then rent them out, thus increasing the supply. It is actually better for students this way: an investor that does not live in their property can rent out it whole. If a house can fit 5 people that means a living space for 5 students. If the house gets bought by a family, that family moves in, so 3 out of 5 spots are now occupied, leaving only 2 available for rent. I don't know, maybe that's the hidden goal of this policy: push the students out, and bring in more families.
- jhgb 5y ago> They buy them and then rent out, thus increasing the supply. That doesn't increase supply. I'm really not sure how middlemen skimming money could increase supply since that should push the supply curve to the left. > If the house gets bought by a family, that family moves in, so 3 out of 5 spots are now occupied, leaving only 2 available for rent. And the family moved in from somewhere else, leaving you with three spots in that some other place plus two spots in the new place, so you have 5 places for students regardless. Not sure why you think this changes something. The optimal solution is obviously to fix the dorm system. It's well organized, cheap, and space efficient - at least in my country, at about half the price of renting your own place. Surely my backwards country is not more capable than the Dutch in this respect.
- 988747 5y ago> And the family moved in from somewhere else, leaving you with three spots in that some other place plus two spots in the new place, so you have 5 places for students regardless. Not sure why you think this changes something. Because that family might have moved from out of town, and students can't move to their old place that is too far from the university? EDIT: I'm not sure that building more dorms is a good idea. My experience (although from totally different country) is that dorm rooms are the worst possible environment for learning. During my time in college there was a clear division: those who prioritized studying lived in the quiet rental apartments, those who prioritized socializing lived in the dorms :)
- jhgb 5y agoThat's not a problem specifically for students, though. That's a problem for everyone when X people need to move to a city where there's Y<X capacity of housing.
- TeMPOraL 5y ago> During my time in college there was a clear division: those who prioritized studying lived in the quiet rental apartments, those who prioritized socializing lived in the dorms :) And I wonder who ended up better off :). The longer I live, the more I realize that I made a mistake during my university years. I focused on learning where I should've been partying - because as it turns out, knowledge is the easy part. The hard part - and the important part - is building a network of friends and connections, which happens at parties, not in quiet rental apartments.
- Isinlor 5y agoIf there was enough rooms I could have rented a tiny room, like a Norwegian prison cell, from a student housing. But there was not enough of these rooms. And they were available only for one year. You had to vacate them after that.
- jhgb 5y agoPresumably the reason for why there isn't enough housing for students is related to why there isn't enough housing for everybody else.