in Paris, poorly respected rent controls and prohibitive prices

by time news

2023-08-30 12:00:15

The consulting firm Deloitte published, in August, its “Property Index”, an annual study which offers an overview of the European residential real estate market. It shows that the most expensive European cities for tenants are Dublin, which is ahead of Paris (28.50 euros per square meter per month), with Oslo in third place. “The differences in rent are however very significant depending on the neighborhood, emphasizes Laurent Da Costa, who runs several Laforêt agencies in eastern Paris. A 40 square meter apartment at Porte de La Chapelle can be rented for 800 to 1,000 euros per month, compared to 1,200 to 1,500 euros in the upscale neighborhoods. »

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Amounts so high that they remain out of reach for many students and households looking for an apartment this fall. In addition, if the capital was a pioneer in setting up a framework for rents, these continue to progress rapidly.

According to a study by PriceHubble, based on the analysis of advertisements published on the main real estate portals, studio rents rose by 6.5% in the capital between July 1, 2022 and June 30. An increase contrary to the freezing of rent increases, set at + 3.5% by parliamentarians to protect tenants in times of high inflation.

Non-compliance with rent controls is an open secret. Despite this measure, 30% of new rentals have exceeded the maximum rent authorized in 2021, according to the latest data available from the Rent Observatory for the Paris conurbation. “It’s even worse for small areas: 80% of studios do not respect the rent control”affirms Ian Brossat, the deputy (communist) with the housing with the Town hall of Paris.

Possibility of formal notice

The City, the first community to be able to control the control of rents, has, since January 1, the possibility of giving formal notice to landlords who do not comply. It has set up a platform allowing tenants to compare what they pay each month and the increased reference rent, set by prefectural decree. Injured tenants can then file a report there, in order to regularize the situation.

More than 1,000 reports have to date been sent to the Town Hall, concerning 85% of one- and two-room apartments. After several reminders sent to donors, in order to obtain reimbursement of the overpayment, the first fines will fall in September.

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