French MPs adopted a new draft Housing Minister Cecile Duflot, the possibility of monitoring and improving the guarantees in the rental market, according to the online source of the Property Investor reports Europe . The law will come into force in January 2014, a system of guarantees will work no earlier than 2016. The bill was passed by the National Assembly, the lower house of the French parliament and now the end of October will be discussed in the Senate and, if approved, would become law. According to this law, the rent for similar properties should not vary by more than 20%. Such changes will be applied in 28 French cities with a population of more than 50 000 people, where there is a significant imbalance between supply and demand. Under this law gets 4.6 million residential properties, representing 70% of private residential property leased. Medef employers' Union claims that the scheme is too complex and is likely to serve as a deterrent for investing in rental property, and in relation to the objects already in the lease. According Clameur, the body that controls the leases, such a measure would give the opposite effect: the board for the rich tenants will decrease, but it is a blow to the poorest category. In Paris, where the price of rental housing starts from 28 euros per 1 square. m, 5% of the tenants are paying the highest possible cost, and that their costs could fall by a third, while at the same time, 9% of homeowners expenses for the maintenance of housing will rise sharply. Former Minister of Housing the Machine Benoit expressed concern that adopting the law also entails the need for additional insurance premiums for 97% of the tenants. HomesOverseas.ru
The French parliament takes control of the rental issue
02.10.2013
Homesoverseas.ru editorial office
28
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