“The government’s priority should be a housing policy focused on youth” | EUROtoday

LHistory doesn’t repeat itself but it surely stutters. The final time that 4 prime ministers succeeded one another on the head of the nation within the area of a yr was in 1934, testimony to a multifaceted disaster of a divided nation which refused to present itself a future. In a placing parallel, to return to such a low variety of births as in 2023 or 2024, we should additionally return to the ambiance of the top of the Nineteen Thirties.

A rustic that doesn’t have kids is a rustic that doesn’t consider sooner or later. Beyond the pure issues relating to local weather change, geopolitical crises and the return of warfare to Europe, and the difficulties in making ends meet, we should additionally see a consequence of the blocking of the housing market. Housing difficulties for younger individuals in massive cities will not be conducive to embarking on a household enlargement challenge and play a job within the fall in births.

Under these situations, one of many authorities’s priorities ought to be a housing coverage centered on youth. The very fast rise in rates of interest and the tightening of situations for entry to credit score led to a halving of actual property transactions, which had repercussions on all segments of the housing market. That of latest building has collapsed, resulting in a decline within the variety of households leaving the rental inventory.

Young individuals, the primary victims of residential blockage

However, it performs the function of a gateway for younger individuals, particularly since successive governments have taken time to know the dangerous function performed by a extra advantageous tax coverage for Airbnb-type leases. In addition, the social park is closed to them as a result of they don’t have kids. Those beneath 35 make up solely 15% of tenants within the social housing inventory, in comparison with 35% for the non-public rental inventory.

Thus, younger persons are the primary victims of the blockage of residential pathways. Having fewer sources as a result of at the beginning of their profession, they’re over-represented in massive city areas, the costliest of all, additionally they require small areas, the worth of which per sq. meter is the costliest. France is the second nation in Europe for the share of public spending dedicated to housing, after Finland. And the result’s there, in high quality and amount.

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