In the new French housing act this year one of the key measures is the restriction on the amount of rents in particular areas. These particular areas, for example areas of Paris, will be defined in law.
According to David Rodrigues, jurist at Association nationale de défense des consommateurs et usagers, soon due to changes in the French housing law (Loi Alur) rents will be set in these defined areas and the rents may not be exceeded.
However, if the property has outstanding features (to be defined) the property may be able to be rented at a higher rate than indicated in the rules.
We all wait to see how this starts to take impact on the market place in the coming years.
Date of article 2014
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