the great paradox of empty apartments

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Housing crisis: the great paradox of empty apartments

In the midst of a real estate crisis, there have never been so many vacant homes: 3.1 million in France according to INSEE, or 60% more than in 1990. Obviously, there are disparities in depending on the region. How to explain the phenomenon? – (France 2)

In the midst of a real estate crisis, there have never been so many vacant homes: 3.1 million in France according to INSEE, or 60% more than in 1990. Obviously, there are disparities in depending on the region. How to explain the phenomenon?

More than 3 million properties will be unoccupied in France in 2023, while the French have never had such difficulty finding housing. On the front line, rural areas and the diagonal of the void, very sparsely populated: almost 16% in Creuse, 14% in Nièvre, and more than 13% of vacant housing for Indre. In a small town of 6,500 inhabitants, a house has been for sale since September 2021. Sold for 105,000 euros, 30,000 euros of work would need to be added according to Me Marie-Paule Boucet Lepage, the notary. “Our buyers, who are rather young, have difficulty financing all this work“, she observes.

Some elected officials are calling for the requisition of vacant housing

In France, the number of vacant homes has never been so high, with an increase of 60% between 1990 and today. Paris is no exception, especially since the real estate market has seized up. “Buyers have seen their budgets melt away, and sellers remain on the good sales that we had made in 2021, 2022“, explains Richard Mellul, director of Century 21 Auteuil, in Paris. In the midst of a housing crisis, some elected officials are demanding that mayors be able to requisition housing that has been vacant for more than six months.


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