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This review discusses changes in Dutch housing policy that were implemented after the great financial crisis of 2008, notably the 2015 Housing Act and its lead-up legislation, and a landlord levy aimed at taxing housing associations. We argue that these changes should be seen as a decade-long process of institutional re-regulation that may be characterised as neo-liberalisation. In addition to reviewing the neo-liberal politics of these changes, we also provide an assessment of the social and spatial implications of the new legislation. Financial pressures on housing associations and higher income tenants together with the stricter eligibility for new tenants have led to a relative decline and residualisation of the social-rental sector. Also, housing policies are set to increase the spatial concentration of disadvantaged population groups. These socio-spatial implications may further undermine social housing in the future.