35% of ads in Paris exceed the legal limit, according to a study

“The most significant overruns are found in the richest arrondissements (1st, 7th, 9th, 16th), while the lower overruns are due to the 14th, 19th and 20th arrondissements,” adds the document.

Article written by

Posted

Reading time : 1 min.

Some 35% of rental ads in Paris exceed the legal rent ceiling, according to a study by the City of Paris and the Abbé Pierre foundation made public on Monday, November 29. This “first barometer on the application of rent control” is based on the analysis of 15,000 advertisements, identified between August 2020 and August 2021. This rate is “stable during the period studied” and corresponding to other estimates from professionals in the sector.

Ads above the ceilings “propose an average rent excluding charges of 1,229 euros per month, which includes an average exceeding of the rent ceilings of 196 euros per month”, be one “annual puncture of nearly EUR 2,400 per year for tenants who suffer them”. “The most significant overruns are observed in the richest arrondissements (1st, 7th, 9th, 16th), while the lower overruns are due to the 14th, 19th and 20th arrondissements”, adds the document.

The study specifies that an advertisement that exceeds the authorized limits “is not necessarily illegal”, due to a possible difference with the lease actually signed or the particular characteristics of the accommodation. The rent regulations prohibit landlords from asking tenants for an amount greater than a given sum, which varies depending on the neighborhood depending on the state of the market. It applies in areas of more than 50,000 inhabitants “where there is a marked imbalance between supply and demand for housing.” Provided for by the Elan law of 2018, the ceiling on rents only concerned Paris and Lille until June 1. It was extended on that date to nine cities of Seine-Saint-Denis in the Parisian suburbs, and at the beginning of September to the metropolises of Bordeaux, Montpellier and Lyon.


source site-19

Latest