Randstedeling more often opts for a house in the countryside, but not because of the peace and space | Living

Randstedeling more often opts for a house in the countryside, but not because of the peace and space | Living
Randstedeling more often opts for a house in the countryside, but not because of the peace and space | Living

Randstad residents are increasingly moving to the countryside. In 2015, 14 percent of Randstad residents bought a house outside the Randstad. That has now risen to 27 percent. Young people under the age of 35 in particular are taking the step, according to research by Rabobank.

The migration to the countryside has been going on for some time. Especially since the corona crisis, the desire to move has increased. The idea was that people were mainly looking for more peace and space because of the lockdowns, but that has little to do with it, according to Rabobank research. “The move to the countryside is prompted by the high house prices in the large cities in the Randstad and the large regional price differences in the Netherlands,” says economist Carola de Groot of RaboResearch based on an extensive analysis.

According to this survey, six out of ten people in the Randstad would prefer to buy a house in their own city. But due to the limited supply of houses and, partly as a result of this, rising house prices, this has proved increasingly difficult. In 2015, two-thirds of house seekers managed to get hold of a house in their own city, which now applies to about half of house buyers. This causes more people to look elsewhere.

The following applies: the higher the price per square meter for a house in a municipality, the more often residents buy a house elsewhere. De Groot: ,,Amsterdamers, for example, prefer to buy in Amsterdam. But now that the price differences with the rest of the country are getting bigger, they are leaving the city more often and they are inclined to live in a city further away from Amsterdam.”

Young homebuyers

According to the study, in 2015, 86 percent of Randstad residents bought a house in the Randstad, which has now dropped to 74 percent. Especially many 35-miners move to a city just outside the Randstad conurbation. Half of the homebuyers from the Randstad are now younger than 35 years. Young house buyers also buy more often in the cities on the periphery.

According to the Rabo analysis, residents outside the Randstad also like to opt for detached houses. They buy more expensive houses than the local house buyers. In the first half of 2022, the price difference was no less than 95,000 euros.

The migration to the countryside therefore also affects the housing market just outside the major cities. For example, the share of local house buyers in cities close to the Randstad fell from 70 percent to 50 percent in eight years. According to Rabobank, a similar development can be seen in villages and towns located slightly further from the Randstad conurbation.

House prices are currently showing a downward trend. If that takes longer, it could lead to Randstad residents buying a house in their own city more often in the future, thinks the Rabobank housing market expert. This means that local house seekers also have a greater chance of finding a house in their own municipality.

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The article is in Dutch

Netherlands

Tags: Randstedeling opts house countryside peace space Living

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