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The Prime Minister, Elisabeth Borne, unveils Monday, June 5 emergency measures to help the French to become owners. The zero-rate loan should be extended, while 60% of households today see their loan refused.
Buying your first home is an increasingly difficult goal to achieve in France. To be able to buy A 50 square meters in Paris To €350,000, Jeans John-Shi, architect, had to rely on a donation from his father to become an owner. “I am lucky that my parents can help me financially on my project”, he specifies. Fewer and fewer of them are able to buy their first apartment. “We have transactions that are down on the real estate market, and first-time buyersts excluded from the market“, explain Olivier Arditti, commercial director of Homeloop.
Extension of zero rate loan
To restart thereal estatethe government will unveilMonday 5 June in the afternoon, several provisions such as the extension of the zero-interest loan until 2027. Professionals in the sector hope that the maximum debt ratio, currently at 35% income, be raised. “VYou have young people who are well settled in life. But hastoday we block them de facto, because they can reimburse 2,000 and not 2,200 because that goes exceed 35%”, laments Mael Bernier, directcommunications manager Meilleurtaux.