Despite an urgent need for new housing, a growing number of construction projects in the Netherlands are being delayed or canceled due to rising costs. In 2024, the cost of building homes, offices, and infrastructure increased by 3.2%, according to figures from engineering and consultancy firm Arcadis.
6 months Ago
Mounting Costs Impacting Affordability
The sharp rise in construction expenses over the past three years is putting pressure on the affordability of new developments.
Higher wages and stricter labor regulations—especially enforcement against false self-employment—have increased labor costs. This has led to fewer freelancers in the sector and a rise in permanent staff, further pushing up costs through pension and social contributions.
"Although there is a great need for new constru.
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