The Hunger Games of Renting: Surviving the Dutch Market

<p>After the pandemic, borders are finally reopening, and rental markets in developed countries are exploding. Singapore’s HDB flats have seen rent increases of at least 30% per month, while some condos have skyrocketed by 50% to 100%. In the Netherlands, the rental market is a bidding war. Just because you found the perfect place at the right price doesn’t mean you can move in just yet.</p> <h1>Bidding Wars: The Hunger Games of Renting</h1> <p>In an auction, the auctioneer introduces the item and sets the starting bid. Interested parties start bidding, and the highest bidder wins. In the Netherlands, after viewing the rental, you have to submit a bid within a set time frame, along with a self-introduction. The landlord will then choose the most suitable tenant based on the bid and the tenant’s self-introduction. And if the place is hot, you better overbid by 100–200 euros a month or risk sleeping in a canoe.</p> <p><a href="https://medium.com/@zylintw/renting-in-amsterdam-the-good-the-bad-and-the-unfurnished-33608d9a9957"><strong>Read More</strong></a></p>