Job Offers vs Amsterdam Rental Market: Impact on Serviced and Expat rentals in Amsterdam

Statistics in Amsterdam show that an increasing number of expats are rejecting job offers due to issues finding serviced accommodation in Amsterdam.

Every week we come across increasing numbers of companies dealing with one common hurdle—looking for employees willing to relocate to Amsterdam who are met with a significant housing crisis. This issue is embedded in a persistent housing crisis that has cast a shadow over the city. Imagine this: in 2022 alone, the cost of renting increased by 12%, leaving the average tenant paying 17 euros per square meter per month. Considering how compact most Amsterdam homes are, it’s a steep price to pay. Adding fuel to the fire, Amsterdam’s expat community has amassed over 100,000 individuals, averaging about 12% of the city’s total population. The severe shortage of housing is now becoming a full-blown crisis, not only affecting employment opportunities but triggering more challenges for our international community looking for serviced properties in Amsterdam.

Living Conditions and Accessibility for Expat Rentals Amsterdam

Expat Insider is a valuable resource for expats worldwide, providing important insights into life abroad. Their annual "Expat Index" provides a reliable index of expat experiences in different countries by considering factors such as living conditions and accessibility. These findings come from a survey of a group of migrants in each area, measuring their satisfaction with a range of factors including housing, daily living and language difficulties

The Netherlands has consistently shown a commendable performance in this index, securing a place in the top ten by 2022.

Expats Face Difficulties Corporate Housing in Amsterdam

A closer look at housing standards reveals an even starker situation. Amsterdam’s housing crisis is especially troubling for expats. Approximately 56% of expats face difficulties securing expat rentals in Amsterdam, with 69% describing Dutch housing as financially unaffordable. Many international professionals and those seeking corporate housing Amsterdam are struggling to find corporate accommodations that meet their needs.

Expats are dissuaded from relocating to corporate properties in Amsterdam

Our data reveals that 7% of expats are dissuaded or prevented from relocating due to the housing crisis in Amsterdam, which includes the lack of options for temporary accommodation in Amsterdam. This crisis creates a ripple effect, impacting Amsterdam’s middle housing market, where costs continue to rise and accommodations fail to meet basic living standards.

For employers, this situation is causing delays and disruptions in hiring as potential employees turn down job offers because they cannot find suitable housing, such as temporary or corporate rentals in Amsterdam.

Addressing the housing issue with our serviced properties

Amsterdam's ongoing housing crisis, with its growing debt and lack of homes, has turned into a bigger problem than just housing. The city is still attractive to expats, but the difficulty in finding a place to live is causing problems. More newcomers are facing fewer job opportunities or even job rejections because they can't find suitable housing. Sadly, this situation not only hurts individual dreams but also stops the city from benefiting from the skills and ideas that immigrant workers bring, leading to the rejection of many job offers. This highlights the urgent need for combined efforts to solve both housing and employment issues, as well as to improve overall quality of life.

City Retreat provides a solution with our unparalleled service within the serviced apartments we provide in Amsterdam.