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The end of Pinel, a shock for real estate

2023-06-05T17:21:23.335Z

Highlights: Premier Elisabeth Borne presented on Monday the government's measures to support the housing sector. Matignon has announced the end, in 2025, of Pinel, this tax system intended to support both new real estate and rental supply. This is a shock, because the world of real estate development, construction and private rental has been built on such a device for several decades. The first measure of this type, the Méhaignerie law, dates from 1984. The terms and amount of benefits have varied, but the philosophy has always been...


DECRYPTION - The government is betting on institutional investors, but professionals are very skeptical.


It is a non-measure that will make noise. Premier Elisabeth Borne presented on Monday the government's measures to support the housing sector. One point is causing tension among almost all housing professionals: the non-extension of a support measure. Matignon has announced the end, in 2025, of Pinel, this tax system intended to support both new real estate and rental supply. It allows you to benefit from a tax reduction when you buy a home for rent. This is a shock, because the world of real estate development, construction and private rental has been built on such a device for several decades.

The first measure of this type, the Méhaignerie law, dates from 1984. Since then, a system of this type has always existed, each time bearing the name of the Minister of Housing who inspired it: Périssol, Besson, Scellier, Duflot and Pinel. The terms and amount of benefits have varied, but the philosophy has always been...

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Source: lefigaro

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