Trésor-Economics No. 71 - Trends in the French housing market
The French housing market is characterized by inadequate growth in supply relative to growth in the number of households.From 2003 to 2007 the acceleration in demand arising from the easing of financial conditions, new tax incentives, and probably the speculative nature of some property investments, led to increased pressure on prices.In a symmetric manner, the downturn in the housing market since... Lire la suite