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The race for housing rentals is launched one year before the Paris Olympics. This drives up prices, sometimes up to 1,000 euros per night on Airbnb.
It is an exceptional property in the heart of Seine-Saint-Denis. The Stade de France is not far and neither are the monuments. The night currently costs for rent between 150 to 180 euros for two people. But over the period of the Olympics, the proowner intends to increase the price to 350 euros. A price doubled which could increase. “If you can pay up to 1000 euros, I will“, explains the owner.
The price of a night could increase by 80% on average
Like this owner, more and more FRancilians put their property on dedicated platformses. One in five inhabitants of the Paris region plans to become a host for the first time during the competition. Yannis will rent his main residence for the first time in the center of Paris. He decided to call on a concierge who will manage his property for him. In general, he could expect 1,600 euros per month, but he aims “double“. To orient owners, some platforms already provide pricing assistance tools. A recent study predicts that the price of an overnight stay should increase by 80% on average.
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