by Heraclitusstudent follow (8)
http://www.lesechos.fr/industrie-services/immobilier-btp/0203658366914-cecile-duflot-le-prix-de-limmobilier-francais-est-insoutenable-1026847.php - Prices are too high, not only in Paris, and are unsustainable - French real-estate prices are 40% above the European average - rents increased 40% in 10yrs whereas wages stagnated - subsidies are inflationary: they create higher prices - there was too much subsidies for too long - we are living a crisis of housing investment - These high prices is one of the element that penalizes competitiveness the most
Imagine the Secretary of Housing and Urban Development saying that...
#housing
http://www.lesechos.fr/industrie-services/immobilier-btp/0203658366914-cecile-duflot-le-prix-de-limmobilier-francais-est-insoutenable-1026847.php
- Prices are too high, not only in Paris, and are unsustainable
- French real-estate prices are 40% above the European average
- rents increased 40% in 10yrs whereas wages stagnated
- subsidies are inflationary: they create higher prices
- there was too much subsidies for too long
- we are living a crisis of housing investment
- These high prices is one of the element that penalizes competitiveness the most
Imagine the Secretary of Housing and Urban Development saying that...
#housing