Video French Quarter Property Collapse

Did you hear about the French Quarter Property Collapse?

In New Orleans, the collapse of a 210-year-old building in the heart of the French Quarter is raising warning flags about the lack of maintenance, decay and a lack of inspections in one of America’s oldest and most fragile neighborhoods according to this report on CBS news. (Video included)

This perhaps is a reminder for all residents of older apartments in older buildings in France to keep a rigorous eye on the condition of the buildings.

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France soon to be have Super Aged Population

According to Moody’s latest report on population and investment by 2020 France will join a total of 13 countries globally with a population of more than 20 percent over the age of 65. This will make France a super aged country.

At the present moment in time there are only 3 super aged countries: Germany, Japan and Italy, however, 10 more countries will join this group in the next 6 years including France.

This increase in aging population has an impact on economic growth, Moody’s projects that growth in the working age population of the world during 2015-30 will only be half that of the growth during the previous 15 years (i.e. 13.6 percent vs. 24.6 percent).

These changes can have an impact on your investments find out more by speaking with an English speaking French investment adviser today to learn more about how you can plan ahead to buffer economic changes.

Read an extract from Moody’s report here

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Paris France Real Estate News

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Luxury French Real Estate Great Deals BIG sales price drop

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French Real Estate How long does it take to sell in Paris?

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