Secondary residences: areas are rapidly increasing housing prices

by time news

2024-08-05 04:24:49

The news will affect some of the vacations of many owners of second homes. If you’ve cleared the property tax for primary residences, it’s still in effect for vacation rentals. Worse, some mayors are likely to increase, from 5 to 60%. Until now, only 1,138 communities are in the “stressed area”, that is to say that it belongs to the “progressive urban area of ​​more than 50,000 inhabitants” where housing is particularly difficult, rightly, and only 308 have it has been established.

But now, this price increase has been extended to urban areas of less than 50,000 inhabitants with high property prices and a certain amount of second homes. Results: 3,697 regions are eligible. And the newly appointed officers did not take advantage of the opportunity that was given to them. According to a document published by the Directorate General of Public Finances (DGFiP), 1,461 municipalities have shown an increase. And more than a third (36.9%) set the bar as high as 60%.

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