the “supply shock” introduced by the federal government, an previous slogan and a number of contradictions | EUROtoday

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A construction site for individual houses in a housing estate in Guilherand-Granges (Ardèche), January 23, 2024.

First, satisfaction. During his common coverage assertion earlier than the National Assembly on January 30, Prime Minister Gabriel Attal spoke of the housing disaster. A sign that social housing and development stakeholders, builders and native elected officers and the rising variety of households desperately searching for an reasonably priced roof over their heads have been looking forward to for eighteen months. “We will respond to this housing crisis by creating a supply shock”stated the brand new head of presidency.

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A components taken up by the brand new Minister for Housing, Guillaume Kasbarian, 72 hours after his appointment. “On offer, on offer, on offer”he insisted on Monday February 12 on RTL. “From the offer” by pushing new development, but additionally, by enjoyable the power efficiency prognosis (DPE), stated the minister. A brand new DPE calculation rule ought to certainly permit 140,000 properties of lower than 40 sq. meters to flee the class of “thermal sieves” (labeled F or G) and due to this fact to the duty of renovation. Their house owners will thus be capable to proceed to lease them after the 1er January 2025. A monitor at decrease prices.

The slogan of the “supply shock” has, nevertheless, cooled the housing sector, affected because the sudden rise in rates of interest, from autumn 2022, by the collapse of transactions in previous actual property, the autumn reservations for brand new properties and historic stress on the rental market. “I said to myself, disappointed, that the Prime Minister had no idea how to use these words, when we know that the shock of supply is an incantation, brandished for six years, and when we see what a failure it has summer “declares Emmanuelle Cosse, president of the Social Union for Habitat, which brings together HLM organizations.

Very bad numbers

In September 2017, the new majority was only recently in place when the government already announced, in fact, a “supply shock” for housing development, in accordance with the promise of the candidate within the presidential election, Emmanuel Macron. But since then, nothing has occurred. Worse, the figures have hardly ever been so dangerous: in 2023, housing begins fell by 22% in comparison with 2022, to 287,000 items, a degree close to the low points of 1992 and 1993 and 72,000 units below the historical average,” signifies the development sector. As for constructing permits, they collapsed by 24%. “I haven’t seen the offer shock and I’m still waiting for it”summarizes, skeptically, Olivier Salleron, the president of the French Building Federation (FFB).

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