Is the number of French property owners increasing?

In France the number of people owning rather than renting French property is on the increase.

From a new study based on data from 2011 the Commissioner-General for Sustainable Development (CGDD) in France states the following:


16.4 million of French households are homeowner occupied, or 58.1% of households comparied to 54.9 % twenty years before.


Seven out of ten of these owners have already paid off their credit.


The average French homeowner who has paid off their credit is 59 years old


These French households earn higher than average household income approximately 43500 Euros.


The average French homes owned by individauls are houses of 106 m2 or apartments of 72 m2

Read the original article in French from Explorimmo