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Money Real Estate: 24% of households have 68% of homes held by individuals in France

14:00  26 november  2021
14:00  26 november  2021 Source:   mieuxvivre-votreargent.fr

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According to INSEE, the concentration of real estate wealth is increased and inequalities grow. 11% of households with three or more dwellings manage 46% of the real estate park held by individuals.

Real estate in France is in the hands of a handful of households. INSEE, in its study entitled " Social Portrait of France ", reveals impressive figures. In 2017, out of 52.4 million houses and enlarged apartments, 28.4 million are owned by households. 24% of them are multipoplitting and acquired over 68% of these housing over the years.

11% of households with three or more real estate hold 46% of housing. 50% of the real estate park is in the hands of 3.5% of households managing at least five dwellings. "One is on the pursuit of a trend that shows the digging of heritage inequalities in our country," says Yankel Fijalkow, housing sociologist interviewed by 20 minutes.

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nine multipurpose out of ten are over 40 years old and are more often in a relationship than all French households. "58% of multipurpose are or rather well-off , compared to 34% of all households," adds the survey published Thursday, November 25. 41% of them belong to the 20% of the wealthiest French.

Real estate, producer of inequalities

"These figures prove that the real estate wealth is very concentrated in France. And that the increase of real estate prices for thirty years has benefited from the already owners households, who have continued to invest, while the primo-accession is increasingly difficult, "deplores in 20 minutes Alain Trannoy, Study Director at the School of Higher Social Sciences of Marseille.

If 34% of French households have only one dwelling, the multipropriators have a principal residence, then a second home and "from the third house owned, the real estate property of the individuals is essentially for rental use", specifies the INSEE. "The myth of the small annuitant holding a single housing is listed," denounces in the free daily Jean-Baptiste Eyraud, spokesman of the right to housing (DAL).

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Real Estate: New digital tools help buyers find a housing 49% of multiproprieur holds at least one housing in

rental . "This means that the other half of the multiproductors do not put any of their property for rent. A big problem when we know that our country has four million homes and 1.8 million people in demand for social housing, "regrets Yankel Fijalkow, Professor of Social Sciences at the National School of Architecture Paris Val-de-Seine.

Multiproprieties like to invest in large cities, unveils INSEE. These households bought 37% of the dwellings located in the center of Lyon,

Marseille , Paris , Toulouse, and lille. The owners of five or more homes have accapacied 40% of the capital's dwellings. What "helps reduce the rental offer in these metropolises and to make ancient centers not very inhabited," Note Yankel Fijalkow. And to conclude: "The incentive devices to push the owners to praise their property did not bear fruit.

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Real Estate: 24% of households have 68% of homes held by individuals in France appeared first on better living your silver .

In Ile-de-France, real estate resists the crisis .
© AFP The pandemic has not slowed French real estate, and certainly not in Île-de-France. Residential or Commercial, the sector has an amazing resilience, according to the Seloger survey for the JDD. Île-de-France remains the locomotive of real estate in France, representing a request on four of linking for the purchase of a property in October. The Yvelines and Hauts-de-Seine are part of the most sought-after regional departments by the French on the site.

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