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Real estate: too expensive, the Pinel no longer seduces buyers

2022-11-25T05:43:52.368Z


DECRYPTION - The tax advantage will be planed next year, but buyers, cooled by the economic context, the rise in rates and prices, are not there.


Who would've believed that?

The Pinel tax advantage, the star of tax exemption products, is no longer popular with buyers.

The latter, long fond of this device, have disappeared from the radar in recent months.

The numbers show it.

Pinel sales have plummeted 21.7% since January according to the Federation of Property Developers (FPI).

Much more than new goods purchased as a principal residence (-7.8%).

This disaffection may surprise.

The device, as we know it, lives its last hours.

The tax advantage (21% of the amount of the purchase for a rental commitment of 12 years) drops from next year (17.5%, then 14% in 2024) and will end in 2025. To maintain the rate 21%, investors must buy a home that meets the more demanding Pinel + criteria (RE2020 standard, room size, double exposure, etc.) and therefore pay more for the property.

“Normally, there should be a rush on this product.

It's always like that, when...

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Source: lefigaro

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