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Should we continue to invest in second homes?

2022-11-22T16:02:25.431Z


OUR ADVICE - The list of cities that can overtax owners of second homes is growing. What strategy to adopt for those who want to afford one?


For real estate, the weather is more than uncertain.

Second homes, which 40% of French people dream of, according to the luxury real estate group Mercure, are no exception to the rule.

In France, we have just under 4 million (3.7 million exactly, or 9.8% of the total housing stock), according to INSEE.

This is almost twice as much as 40 years ago.

The Covid-19 crisis has given a second life to second homes which are a little busier than in the past thanks to the concept of semi-main residence which began to develop two and a half years ago.

In other words, more and more households, including those in their thirties or forties, are moving into their second home, no longer for a few days a year,

The dynamic is clearly on the side of second homes (+62% since 1982) and... vacant housing (+64.6%), according to INSEE.

Principal residences, for their part, fell further (+55%).

It is therefore not surprising that, like empty dwellings, second homes have become the cash cows of communities.

"

The mayors are faced with a dilemma: to continue to make these areas attractive where second homes are very concentrated, while preventing them from becoming ghettos of the rich and empty for a good part of the year

", deciphers Pierre Madec, economist at the French Economic Observatory…

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Source: lefigaro

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