Rent indexation stop: A renovation catalyst?
As a response to the energy crisis, Flanders implemented a rent indexation stop for energy leaky housing with the goal of easing the ordeal for vulnerable tenants that are facing higher living costs, a tripling of their energy bills and rent indexation. The measure led to an increased number of renovations according to the Flemish Rent Platform, as landlords looked to maximize their profits. Nonetheless, the Flemish government decided to discontinue the indexation stop, as supposedly the energy crisis is “over now”.