The European Council recommends that the Netherlands should take action within the period 2013-2014 to step up efforts to gradually reform the housing market by accelerating the planned reduction in mortgage interest tax deductibility, while taking into account the impact in the current economic environment, and by providing for a more market-oriented pricing mechanism in the rental market, and by further relating rents to household income in the social housing sector. Refocus social housing corporations to support households most in need.
Other recommendations are on the budgetary strategy and on the second pension pillar.
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