The closure of ski areas during the end of the year celebrations is a new blow for owners who have invested in the mountains.
They didn't need that.
The losses have been accumulating for months for the 120,000 co-owners of tourist residences in the mountains, by the sea, in the countryside and in the city.
The operators of these residences have, in fact, stopped paying rent because of the crisis.
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The deadlines from March to May have not been honored, and those of the second confinement may meet the same fate.
Pierre & Vacances has just warned its 20,000 owners that it would not pay November after having frozen its payments in the spring.
Belambra, Odalys, Géolia, Néméa… most of the other operators should follow suit.
Anger is mounting among individual investors who have bought their homes with a tax advantage (Censi Bouvard, LMNP) and guaranteed rents.
The end of rents is undermining the financial balance of
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