Real Estate Information

Dissolution of the National Assembly: Should the real estate market panic? Discover the unexpected answers!

By Sammy Byron , on June 22, 2024 - 2 minutes to read
découvrez les réponses inattendues à la question de la dissolution de l’assemblée nationale et son impact sur le marché immobilier. faut-il paniquer? trouvez des réponses ici!

The dissolution of the National Assembly has raised questions and concerns, particularly as regards the real estate market. Should we fear negative repercussions for this crucial sector of the economy? We invite you to discover some unexpected answers to this burning question.

The first effects on the real estate market

Visit dissolution of the French National Assembly has sparked strong reactions in the real estate sector. Professionals are concerned about the political uncertainty and the potential impact on investments and theeconomy of housing.

Reaction from industry players

According to Loïc Cantinpresident of the FNAIM, the new law establishes a instability which could deter investors. “The announcement was a real earthquake in the country, including in our ranks,” he said.

Danielle Dubracpresident of Unis, agrees. She points out that the dissolution “brings all bills and proposals to a screeching halt”, aggravating the already precarious situation of the student rental market.

An uncertain political and economic future

Early parliamentary elections jeopardize several legislative proposals essential to revive the market. For example:

  • Developing the supply of affordable housing
  • Local regulation of furnished tourist accommodation
  • Transforming vacant offices into housing
  • Extending the portability clause to all mortgage contracts

Direct economic consequences

According to Henry Buzy-Cazauxpresident of IMSI, the dissolution is “murderous for the economy and the housing market in particular”. Households are now reluctant to invest because of uncertainties about interest rates and the country’s economic future.

What about real estate rates?

Loïc Cantin has warned that, in the space of just 48 hours, 10-year OATs have recovered 0.5%, due to political instability. If this trend continues mortgage rates will follow, adding to the uncertainty.

Comparison table

🔍 Impact on the regulation of meublés de tourisme
🏢 Transformation of offices into suspended accommodation
🏠 Developing the supply of affordable housing at a standstill
📉 Rising mortgage rates
📊 Reduced economic visibility for investors
🚷 General concern in the housing sector
💼 New housing minister appointed
🗳️ Prolonged political uncertainty
⚖️ Stop of current bills
📆 A year’s delay for CNR housing

Crucial points to consider

  • 🔍 Legislative instability: several important laws on hold
  • 📉 Financial markets: Unexpected rise in interest rates
  • 💼 New minister: Concrete measures urgently needed
  • 🏠 Housing sector: Delays in projects affecting students

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Sammy Byron

After studying as a specialist in investigative journalism across Europe, I decided to start writing for my own community of Internet users. You can also find my most accurate studies and analyses on the latest trends in the United States. If you are interested in an analysis or a study in collaboration with our Experts, do not hesitate to use the dedicated contact form.

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