The wind of madness that is blowing today on the housing market and in medium-sized cities attests to this.
Despite the crisis and uncertainties, real estate remains a compass for the French, who firmly believe in its virtues.
Stone is a tangible asset, we can touch it.
The French usually give it very strong security attributes.
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But in times of crisis, is housing, whether primary or rental, really the right investment to make your savings grow?
Savings, the French have.
A lot.
They have accumulated nearly 110 billion additional euros in 2020, according to the Banque de France.
It is probably not over yet.
No less than 65 billion additional euros should land on current accounts and passbooks this year.
Nearly 20% of these reserves are intended to be poured into real estate, according to the Cercle de l'Épargne.
Which should support prices.
But can trees climb to the sky?
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