ABSTRACT
Prices of secondhand, owner-occupied housing are set in the market. In the Netherlands the process is different from that in other countries with a free market in owner-occupied housing. When offices are supplied for sale, they can be rental space bought by an investor, or space bought by a final user. When shops are supplied for sale, the price is set by capitalizing the income stream. Many agencies within the public sector commission buildings from the construction industry for their own use: town halls, civil offices and so on. The property developer sells either to the final user or to the landlord, a property management company or property investment company. The public sector as an actor in the property market is motivated by the need for property as a necessary factor of production for supplying public services, and the wish to regulate the actions of others on the property market by controls, grants and so on.
