The Limited Times

Now you can see non-English news...

End of Pinel, building permit, zero-interest loan... What the government is planning for the housing crisis

2023-06-04T19:12:25.096Z

Highlights: The government believes that the crisis is essentially cyclical. Measures must be taken "until rates rebalance", according to Matignon. Action is launched at all levels: access to property, the rental market, the revival of new buildings and social housing. The joint and several real lease, which dissociates the land from the real estate, should be relaxed. The zero rate loan (PTZ) will be extended. The conditions for granting them should also be relaxed, in discussion with the banking authorities.


Among the measures that Elisabeth Borne is to announce on Monday, none seems likely to quickly emerge from a critical situation with multiple causes.


Premier Elisabeth Borne will present the measures the government will take to support the housing sector on Monday afternoon. The executive has listened to the multiple alerts issued in recent months by professionals in the sector. If they were waiting for a strong measure, capable of quickly restarting new construction, which largely determines the health of the entire sector, they may be disappointed. The government believes that the crisis is essentially cyclical. And that measures must be taken "until rates rebalance", according to Matignon.

To achieve this, action is launched at all levels: access to property, the rental market, the revival of new buildings and social housing. For the first point, the zero rate loan (PTZ) will be extended. Similarly, the conditions for granting them should be relaxed, in discussion with the banking authorities. The joint and several real lease, which dissociates the land from the real estate, should...

This article is for subscribers only. You still have 92% to discover.

Want to read more?

Unblock all items immediately.

TEST FOR 0,99€

Already a subscriber? Log

Source: lefigaro

All business articles on 2023-06-04

You may like

News/Politics 2023-07-04T18:48:46.493Z
News/Politics 2023-08-16T07:28:55.755Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.