Rotterdam outstrips Amsterdam in rent prices for the first time
For the first time, rent paid by international students for student housing in the city of Rotterdam was, during the past three months, higher on average than rent prices in Amsterdam. This was revealed in a study examining price trends involving more than 8,600 rooms and apartments offered on HousingAnywhere, an online marketplace for student housing. HousingAnywhere was founded by Niels van Deuren, an alumnus if the MSc International Management/CEMS at Rotterdam School of Management, Erasmus University (RSM).
In Rotterdam, the average rent paid by international students increased in the first couple of months of 2018 by 24 per cent compared to 2016, from € 518 to € 685. Niels van Deuren: “This shows that Rotterdam, with its highly regarded institutions such as Erasmus MC and Erasmus University, is becoming increasingly appealing to international students. At the same time, a housing shortage is driving rents up. This is a major challenge that the city will have to deal with.”
According to the study, student housing rents paid by international students are highest in the city of Utrecht. The average rent there during the first months of 2018 was € 735 per month. Rent prices in other university cities were significantly lower, with the lowest rent found in Leiden (€ 552.81). Generally, rents for international students are higher than those for Dutch students because they often choose furnished accommodation with short-term contracts.
HousingAnywhere also announced today that it had successfully completed a fourth financing round of € 6 million.
Housing Anywhere is a global housing platform where demand & supply of rooms for international students meet each other. https://housinganywhere.com
Rotterdam School of Management, Erasmus University (RSM) is one of Europe’s top 10 research-based business schools. RSM provides ground-breaking research and education furthering excellence in all aspects of management and is based in the international port city of Rotterdam – a vital nexus of business, logistics and trade. RSM’s primary focus is on developing business leaders with international careers who carry their innovative mindset into a sustainable future thanks to a first-class range of bachelor, master, MBA, PhD and executive programmes. Study information and activities for future students, executives and alumni are also organised from the RSM office in Chengdu, China. www.rsm.nl
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