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FNAIM welcomes creation of Department of Housing

May 30, 2012

FNAIM logoThe housing crisis in France is affecting millions of French who are awaiting access to decent housing. Simultaneously, all sectors of the real estate industry are registering a decline of activity and are seen as particularly vulnerable in a depressed economy marked by a lack of consumer confidence. 

The National Federation of Real Estate (FNAIM), believes it is urgent to address the housing issue in a structural way so that the crisis affecting the real estate sector does not turn into a deeper housing crisis that could affect the entire economy. In this context, the FNAIM welcomes the establishment of a Ministry of Housing to deal with issues of housing support and to implement concrete solutions.

FNAIM seeks to engage in a genuine and constructive dialog with the Government to tackle the challenges that lie ahead. Specific objectives include:

• reform the Hoguet Law regarding consumer protection to respond to changes market and satisfy new consumer demands; 

• create a new supply of rental housing to help to reduce the deficit of affordable/accessible housing; 

• support for first-time buyers, to help young workers and households become owners and streamline the housing trajectories; 

• continue and encourage eco-renovation to achieve goals of energy consumption, control costs and fight against fuel poverty.

Details of FNAIM’s proposed 2012 Housing Policy is available at the FNAIM website

ICREA

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