>A sense of urgency appears to have forced this change of course. The private rental market has contracted sharply, while public housing is under mounting pressure, with waiting lists growing ever longer. The collapse in new construction has also produced unexpected economic fallout: a substantial drop in VAT revenues helped fuel 2024’s budget overruns.
reminder that in France you pay 20% VAT on new housing and only 5% on older inefficient housing
bonkers
>The most ambitious reform would likely increase decentralization of housing policy. Mayors could gain responsibility for allocating a third of social housing units, a role previously reserved for prefects, the government’s local representatives. This change carries risk, including fears of favoritism and deepening regional inequalities. In the same vein, intercommunal bodies would take control of certain renovation and construction subsidies.
France doesn’t know how to decentralize services, so I can already predict this will go to shit
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!ping YIMBY&FRANCE
>A sense of urgency appears to have forced this change of course. The private rental market has contracted sharply, while public housing is under mounting pressure, with waiting lists growing ever longer. The collapse in new construction has also produced unexpected economic fallout: a substantial drop in VAT revenues helped fuel 2024’s budget overruns.
reminder that in France you pay 20% VAT on new housing and only 5% on older inefficient housing
bonkers
>The most ambitious reform would likely increase decentralization of housing policy. Mayors could gain responsibility for allocating a third of social housing units, a role previously reserved for prefects, the government’s local representatives. This change carries risk, including fears of favoritism and deepening regional inequalities. In the same vein, intercommunal bodies would take control of certain renovation and construction subsidies.
France doesn’t know how to decentralize services, so I can already predict this will go to shit