Although the corona virus (COVID-19) is still making headlines after almost two years being present in society, the omicron mutation has transformed the nature of the pandemic into an endemic situation meaning the corona virus will no longer disappear completely, but is to remain with us in a milder, perhaps seasonal form equal to the common flu. Economy and society are therefore facing a new post-corona era that seems to be defined by strong economic recovery growth and acute shortages of personnel in almost all sectors.
The kick-start recovery of the global economy is causing market disruptions that are currently being translated into high prices for raw materials, energy, fuels and food products. Ultimately this could lead to rising wage costs and subsequent risk of inflation, given the current labour shortage.
At the social level, a certain degree of polarization in society has become apparent between the vast majority of the Dutch population who are vaccinated and boosted, and an unvaccinated segment that opposes to the restrictions and obligations that are still in force. In order to emerge as a society from the corona time unscathed, this requires specific measures to promote social cohesion in addition to active economic policies.
Get the full Netherlands property market picture with all the market data by downloading the reports.