An Agent-Based Market Analysis of Urban Housing Balance in The Netherlands

Wiegel, Erik; Yorke-Smith, N.

doi:10.3390/realestate1010006

An Agent-Based Market Analysis of Urban Housing Balance in The Netherlands

Title

An Agent-Based Market Analysis of Urban Housing Balance in The Netherlands

Author

Wiegel, Erik (Student TU Delft)
Yorke-Smith, N. (TU Delft Algorithmics)

Date

2024

Abstract

The Dutch housing market comprises three sectors: social-rented, private-rented, and owner-occupied. The contemporary market is marked by a shortage of supply and a large subsidised social sector. Waiting lists for social housing are growing, whereas households with incomes above the limit do not or cannot leave the social sector. Government policy and market regulations change frequently, not least for political reasons. In view of commonly recognised problems in the housing market, this article considers the ‘internal demand’ of those households that are dissatisfied with their current residence. We examine the effects of regulatory policy by means of an exploratory agent-based simulation. The results provide perspectives on how internal demand is impacted by regulations in a housing market that is suffering from a shortage, and allow decision makers to weigh the pros and cons of policy measures.

Subject

residential housing
simulation
policy analysis
agent-based modelling

To reference this document use:

http://resolver.tudelft.nl/uuid:bf7ab796-a662-4b07-9607-a2f7dcfc3dbc

DOI

https://doi.org/10.3390/realestate1010006

ISSN

2813-8090

Source

Real Estate, 1 (1), 80-135

Part of collection

Institutional Repository