A new forecast from ING suggests the Netherlands will fall short of its housing targets, with only 74,000 new homes expected to be completed next year. This prediction significantly undermines the recent optimistic projections made by Housing Minister Boekholt-O’Sullivan. The reduced forecast is attributed to two key factors: the ongoing nitrogen crisis, which impacts land availability for construction, and rapidly increasing building costs. These challenges are creating substantial headwinds for the Dutch housing sector. The ING report indicates a considerable gap between the government's goals and the likely reality on the ground. This discrepancy raises concerns about the affordability and availability of housing in the Netherlands. The housing minister’s office has yet to respond to ING’s revised estimates.