Rents in Paris already seem to be recovering since the end of supervision, News / Actu Immobilier

A fervent advocate of rent control in tight areas, the CLCV consumer protection badociation has been studying the evolution of Parisian rents since the cancellation of rent controls in Paris at the end of November. 2017. After 2015, 2016 and 2017, this is the fourth study of the badociation on the application of rent management in Paris. It will be understood that the purpose of the latter is not to monitor compliance with this scheme but to evaluate the impact of its annulment by the administrative courts.

From 60% to 48%

After badysis In a recent survey of 1,000 well-qualified rental clbadified ads, the CLCV found only a 48% ratio that would be consistent with the rent guidelines as it existed until last year. This ratio compares with 60% on average during the three previous studies. The CLCV concludes that the landlords reacted quickly by increasing their rents in just over 6 months.

Not surprisingly, the sites that have the best results are held by professionals. At the very bottom of the ranking, and in line with the results of previous years, are websites offering ads from landlords who manage their own homes. Unsurprisingly, as the number of coins increases, so does the rate of compliance. The studios are particularly in the crosshairs with a compliance rate of 42% against 63% for 4 pieces and +.

The studios in the collimator

The badociation cites the example of this furnished studio located in the Sixteenth arrondissement whose rent is € 940 while it should be € 721.30. The difference in rent is € 218.70 per month, or more than € 2,600 per year. Over the entire study, the average rent overrun is € 128.09 per month, or € 1,537.08 per year. Rents higher than they should be if the framework was still in force are thus on average +17%.

This statement of course raises the problem of rental profitability in Paris given prices per m² very high for small areas, with the consequent risk of drying up the rental stock when we set constraints on all the landlords.

ELAN Act

On this subject of the rent regulation, the bill Housing Development, Development and Digital Development (ELAN), which has been examined by the Senate since Monday (until 24 July), has maintained an experimental framework that depends on the will of local elected representatives in built-up areas. The devices would be provisional for a period of 5 years and should prove their effectiveness to be sustainable. The bill limits this experimentation to 4 tense territories: the commune of Paris (where the rent management was canceled at the end of 2017), the territorial public institutions of the metropolis of Greater Paris, the metropolis of Lyon and the metropolis of Aix-Marseille-Provence.