The municipality of Westland assists approximately two hundred newcomers on the housing market with the purchase of their first home. Western broadcaster Monday. A well-financed housing fund of about 20 million euros should make it easy for first-time buyers on the housing market to buy a home.
The new Westland coalition is responding to the problems in the housing market with its housing fund. House prices have risen so sharply in recent years that it is becoming increasingly difficult for first-time buyers on the housing market to become owners. On the other hand, this group also earns too much for social rent and therefore falls between two stools.
The Westlands Woningfonds must give these start-ups the support they need to buy that home. The municipality does this by purchasing the land on which the house is located. Remmert Keizer, party chairman of Westland Municipal Interest: “That is about a third of the asking price of the house. So when it comes to a 300,000 euro house, we finance a ton,” he said. Western broadcasterI
The tons that the municipality spends on helping a starter to find a home should therefore be seen as an investment. This money is not free, by the way: interest will have to be paid, but the amount is uncertain. “We are still looking at the definitive interpretation,” Alderman Andre van den Berg of Westland Municipal Interest told the regional broadcaster. “There will probably be a very low interest rate of 1.3%,” he said.
Source: NU
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.
