these agencies which stop publishing their rental advertisements

by time news

2024-01-08 13:00:34

Par Marine Richard

Published 43 minutes ago, Updated 23 minutes ago

Standards are exploding and agencies are no longer able to answer the phone. Yuri Arcurs peopleimages.com / ChasingMagic/peopleimages.com – stock.adobe.com

Faced with an influx of demand and a shrinking supply, some professionals are deciding to no longer advertise their properties for rent so as not to generate too much discontent.

«For a 35 m² two-room apartment on Boulevard de Belleville in Paris priced at 1,145 euros per month, we received 1,174 requests by email in half a day», Declares Corinne Berec, vice-president of Orpi, who still can’t believe it. Rental advertisements generate such demand that they are quickly removed, generally after half a day at Orpi. Morgan Dreano, manager of 6 Century 21 agencies in the Rennes and Laval regions, confirms receive between 30 and 40 calls during the day for the same property. Endless queues on the stairs are becoming commonplace.

Henry Buzy-Cazaux, president of the Institute of Real Estate Services Management, confides that the situation is unprecedented. “In Lyon, 80% of campsite places are occupied by students in January who are staying in tents or mobile homes“, he emphasizes. In addition to students who are on the lookout for the slightest rental property, households who are unable to buy…

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