Real estate: housing, an ever more expensive obstacle course!

Albane Leprince 5:02 p.m., April 5, 2024

A (very expensive) obstacle course... The Guy Hoquet network of real estate agencies has just unveiled the first edition of its “Rental Observatory” for the first quarter of 2024 in the midst of the real estate crisis. Indeed, while many French people dream of becoming owners, 40% of them nevertheless remain tenants, a proportion that has been increasing since 2014. But what type of housing can we find on the market? Here too, Guy Hoquet looked into the subject.

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According to the Rental Observatory of the real estate agency network, there have never been so few homes put on the rental market in a year (-1.3%). However, demand is increasing considerably and the figures are even higher in Paris (-14.3%) due to the organization of the Olympic Games this summer. Owners withdraw their properties from the market to offer them for seasonal rental throughout the competition period. 

As a result, rents are increasing, even if most large cities have introduced rent controls (+3.2%) and it is in Normandy that the increase is most marked (+6%). Another observation made by Guy Hoquet is that the type of rentals offered is evolving. In fact, landlords are increasingly favoring furnished rentals, which offer more advantageous taxation and make it easier to recover your property. Thus, the supply of furnished rentals increases by 13% while that of empty accommodation plunges by 8%.