Dutch Central Bank President Klaas Knot has urged the government to reconsider its rent control measures due to the increasing housing prices and decreasing availability.

Knot emphasized the importance of evaluating the consequences of the affordable rent act implemented by the previous administration. While refraining from making a political judgment, Knot highlighted the pressing issues in the housing market and suggested that reversing the current rent control policies could be a wise decision for the cabinet.

The housing crisis has intensified, leading to discussions on the effectiveness of existing regulations in addressing affordability and supply challenges.