Published
Video length: 2 min.
Article written by
The surge in borrowing rates, due to inflation, is losing real estate purchasing power. What consequences in cities? The point, Tuesday, June 20, on the set of 12/13 with journalist Sophie Lanson.
By losing purchasing power in real estate, do we also lose m²? “In six months, with the same sum borrowed, on average, it is 5m² less for the 20 largest cities in France. And the drop is even more marked if we go back in time: in 18 months, it’s – 18m². And since January 2020, the French have lost an average of 25m²“, reports, on the set of 12/13, the journalist Sophie Lanson.
Saint-Etienne, Nîmes and Le Mans are the most affected
The rise in rates, but also “the fact that few goods are available and few credits granted“create this”complicated situation“, she adds. The most affected city is Saint-Etienne (Loire), with – 10m², followed by Nîmes (Gard) and Le Mans (Sarthe), with a fall of 7m². “All these cities had exploded during the Covid, when city dwellers were looking to go green. They pay it today“, analyzes the journalist. Conversely, the largest cities are doing better: only 1m² less in Paris since January, 2m² less in Lyon (Rhône) and 3m² less in Nice (Alpes-Maritimes).