Corporations will not have to make drastic cuts in rents.
Postponed construction of new complex may be on the cards again.
Housing corporations were predicting a wave of bankruptcies. Only last week, Idealis decided to put two major new building projects (Lawickse Hof and Dolderstraat/Nobelweg), good for 300 rooms in total, on hold. The student accommodation provider said it was concerned that the proposed rent rules in combination with a new landlord levy would be too much of a burden on the budget.
But the new plans look a lot better for the corporations. While there will be a new proposal that still uses the WOZ value in setting rents, the signatories to the agreement also say that this must not lead to 'a limitation of the earning capacity or other shock effects'.
Idealis is not yet able to say whether the new building projects will go through after all. 'We only just heard the news and we are still studying the small print,' said a spokesperson.