a tax cut for landlords in exchange for affordable rents?

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AC. Le Sann, JM. Mier, France 3 Aquitaine, Mr Damoy – franceinfo

France Televisions

While many families are struggling to find housing, nearly 3 million homes are unoccupied. The Housing Minister announced a tax cut in exchange for more affordable rents.

According to INSEE, nearly 3 million homes are vacant. In Oloron-Sainte-Marie (Pyrénées-Atlantiques), Mayor Bernard Uthurry explains that nearly 800 homes are vacant. In areas where people have difficulty finding accommodation, 300,000 homes are said to be unoccupied. To reverse this trend, the government wants to encourage lessors to rent cheaper by offering lower taxes.

The Minister for Housing, Emmanuelle Wargon explains that a 15% drop in rent compared to the market average would then result in a 15% tax reduction. For a 30% drop in rent, on the other hand, tax will decrease by 35% on property income. A device is well received by the National Union of Property Owners (UNPI), but it remains attentive to its implementation, because the precedent has proved too complicated.

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