Political crisis: real estate on the brink of collapse? Discover the warning signs!
The political crisis is shaking up the real estate market. Between uncertainty and turbulence, the warning signs are multiplying. Let’s take a closer look at what’s at stake to anticipate the future of real estate.
Sales in freefall
The sales are in free fall, plunging the real estate sector into an alarming situation. Since the beginning of the year, sales volumes have fallen by 27% compared to the previous year. This drastic reduction has had a direct impact on companies and jobs related to real estate.
Construction companies at risk
Construction companies have not escaped the turmoil. A large number of single-family home builders and property developers have gone out of business. This situation is creating abandoned building sites and insurance companies on the sidelines.
Real estate agencies in liquidation
The number of real estate agencies undergoing defaults has doubled in the space of a year, figures that reflect a disastrous situation. The Provence-Alpes-Côte d’Azur region, in particular, has seen a significant increase in liquidations and receiverships.
Rental stock at a standstill
The rental market has also been affected. Prices per square meter have risen significantly, making rents more unaffordable for many tenants. This situation also congests the social rental stock.
Cataclysm in the construction industry
According to Grégory Monod, President of the Housing Division of the French Building Federation (Fédération française du bâtiment), the situation in the building industry is described as “cataclysmic”. The anticipated loss of 150,000 employees by the end of the first half of 2025 attests to this.
The dissolution of the National Assembly: a fatal blow?
The dissolution of the National Assembly has put several important bills on hold. This decision is generating a wave of uncertainty, undermining an entire industry already in crisis. The fact that the housing bill has been put on stand-by is a further cause for concern.
🏠 | 27% drop in sales |
⚠️ | High risk of agency failure |
🚧 | Construction sites at a standstill |
📉 | Erosion of real estate purchasing power |
💼 | Estimated loss of 150,000 jobs by 2025 |
💰 | Rent increases |
🚪 | Closure of construction companies |
🔨 | Single-family home construction in free fall |
📊 | Falling property prices |
🏦 | Difficulty accessing real estate credit |
Solutions in perspective
- 💡 Review the rules governing access to credit
- 🔄 Reintroduce zero-interest loans
- 🏢 Encouraging rental investment
- 🤝 Support from public authorities
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