Real Estate Information

What impact do the election results and dissolution have on the real estate market? Find out what surprises await you!

By Sammy Byron , on June 23, 2024 - 3 minutes to read
découvrez quel impact ont les résultats des élections et la dissolution sur le marché de l'immobilier et les surprises qui vous attendent.

Have you ever wondered what impact the election results and the dissolution may have on the real estate market? You may be in for a surprise!

Political shock: rise of the RN and dissolution of the National Assembly

The real estate market is in turmoil. With the meteoric rise of the Rassemblement National (RN) and the dissolution of theNational Assemblythe earthquake that shook the industry. Professionals and private individuals alike are in shock, reflecting a game-changing instability.

Market players react immediately

Real estate professionals are receiving incessant phone calls: “I’m withdrawing my offer!”, “I don’t want to buy anymore”. This explosive cocktail of political events has brought real estate activity to a standstill. Visitors are few and far between, and transactions are on hold. If you were in the process of finalizing a purchase or sale, there’s a good chance you’ll be affected too.

Why this reaction?

The answer is simple: the real estate market is based on trust. Today, many people find it difficult to project themselves 24 hours ahead, so considering a 24-year loan becomes mission impossible. The lack of visibility is paralyzing.

A real estate economy on hold

Faced with this uncertainty, the best solution is to wait. All eyes are on July 7, the date of the next elections. What will happen then? Will credit rates, already on the rise, continue to rise? Concern is palpable among financiers and banks, who are reluctant to lower their lending rates. mortgage credit.

A possible paralysis followed by a price cut?

Experts are predicting market paralysis followed by a possible fall in prices. Less borrowing, less buying, and real estate purchasing power plummets. Ultimately, this could make properties more affordable, but at what price? The uncertainty remains total.

Tax instability: impact on rental investments

Rental investment projects are also in turmoil. While laws such as the anti-Airbnb law await their fate, the legislation and tax regulations remain uncertain. Once again, wait and see is the watchword.

Uncertainty amplified by the Olympic Games

Summer is usually a quiet time for real estate, but this year, with the Olympic Games and the political crisis, the market could become virtually barren. It all depends on what happens in the autumn, and who the next government will be. The real estate market is thus sailing in troubled waters, waiting to see how the cards will be redistributed.

📈 Impact Instant market paralysis
🔑 Confidence Shaken confidence of buyers
💸 Credits Access to credit more difficult
🏠 Transactions Suspended or cancelled projects
📉 Price Potential drop in forward prices
🚫 Investments Rental investments on pause
📅 Waiting Everything is on hold until July 7
⚖️ Legislation Instability of tax regulations
🏅 Olympic Games Summer market sterility
🤷‍♀️ Uncertainty Total uncertainty about the future
  • 📈 Instant market paralysis
  • 🔑 Shaken buyer confidence
  • 💸 Access to credit more difficult
  • 🏠 Projects suspended or cancelled
  • 📉 Potential fall in forward prices
  • 🚫 Rental investments on hold
  • 📅 All on hold until July 7
  • ⚖️ Instability of tax regulations
  • 🏅 Summer market sterility
  • 🤷‍♀️ Total uncertainty about the future

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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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