A historic transfer of family wealth will increase inequality on the Dutch housing market over the coming decade, according to mortgage advisor Van Bruggen.
Residents in the Netherlands are estimated to receive roughly €300 billion in housing assets through gifts and inheritances between 2024 and 2033.
About 1 million people, primarily aged 45 to 65 whose parents own property, are expected to receive substantial family funds during this period.
Growing divide among buyers
Homeowners over 55 collectively hold nearly €900 billion in home equity. Across the country, total equity in owner-occupied homes grew from €546 billion in 2006 to €1,373 billion in 2024.
Buyers who receive family money can combine it with their own equity to submit higher bids. Van Bruggen warns this will push house prices higher and lock out buyers without generational wealth.
Figures from Statistics Netherlands show that the wealthiest 10% of households own more than 56% of all household wealth. In 2024, the average net worth of a homeowner was €563,800, compared to €40,400 for a tenant in the rental sector.
Government opposes tax changes
A recent survey by the Bureau for Economic Policy Analysis found that more than half of Dutch residents favor higher taxes on inheritances. Only 12% of respondents supported abolishing the tax.
Finance Minister Eelco Heinen said the current cabinet will not alter inheritance tax rules. Heinen dismissed the survey, stating that tax policy decisions belong to politicians rather than forecasting agencies.
