This is the cold shower for the French who wish to buy a home to rent it. Long loved by banks, investors are now being barred from credit. They no longer lend them or little. And even with a substantial infusion of new money, they simply can no longer get credit. "Customers want to buy. They have the ability. But when you file a loan file everything becomes more complicated, "says Samuel Berrih, real estate agent for the Keller Williams network of agents in Paris. Financial institutions have closed the floodgates. "Some banks tell us that they do not even want to study new files," continues the professional.
Last year, rates soared from 1% to more than 3% today, increasing the cost of an acquisition. This is even more true in new construction, where prices, inflation obliges, remain very high (+ 4.8% in Île-de-France in 2022, + 4.9% in the regions, according to...
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