French government proposes to cap the increase in rents at 3.5% for one year

French government proposes to cap the increase in rents at 3.5% for one year - The French government has proposed to cap the increase in rents at 3.5% for one year. The measure would serve to limit the impact of inflation on tenants. The National Housing Council is due to deliver its opinion this afternoon.

Known as the “rent shield” the measure aims to limit the impact of inflation on tenants and will be included in the amending finance bill, to be voted on this summer by Parliament. The government ensures that it has chosen "a balanced solution", taking into account the constraints of owners and those of tenants.

The government claims to have always ruled out "a pure and simple freeze on rents", Prime Minister Elisabeth Borne having already said that it was "a false good idea".

 

Last local news

Evening Update Friday 26 July 2024

TGV services across much of France are gradually improving after several arson attacks affected the network in the early hours of this morning.... Evening Update Friday 26 July 2024 Read More

26/07/2024

French and Riviera News Friday 26th July 2024

Paris is getting ready to shut down it’s city centre and its airspace as well as mobilise 45,000 police and several army units in what has been billed... French and Riviera News Friday 26th July 2024 Read More

26/07/2024

Evening Update Thursday 25th July 2024

Lucie Castets, the left-wing candidate for Prime Minister, reiterated her desire to lead the government during a media appearance on July 25. A poll s... Evening Update Thursday 25th July 2024 Read More

25/07/2024

French and Riviera News Thursday 25th July 2024

French President Emmanuel Macron is preparing to welcome world leaders to the Olympic games opening ceremony tomorrow night and has been visiting key ... French and Riviera News Thursday 25th July 2024 Read More

25/07/2024

Evening Update Wednesday 24th July 2024

France will host the 2030 Winter Olympics in the Alpes, conditional on state and regional financial guarantees. President Macron confirmed his full su... Evening Update Wednesday 24th July 2024 Read More

24/07/2024