Less sharp rise in rents in Paris in 2020 thanks to the supervision

The increase was 1,1% over the whole of 2020 for unfurnished compared to the previous year, against 1,8% in 2019 and 1,7% in 2018, according to the Paris agglomeration rent observatory (OLAP), which does not assess furnished accommodation. It is a little more marked in the small and large crowns (+1,4 and + 1,2%).

In Paris, rents have been regulated since 2015. The measure was lifted after a court decision at the end of 2017, before being reintroduced in July 2019.

The law states that when a home is rented out to a new person, the landlord cannot increase the rent above the Benchmark Rent Index (RRI) - which averaged 0,8% in 2020 - unless he has done major work, or if the rent was previously undervalued.

In Paris, the evolution of rents at "relocation", that is to say when a home receives a new tenant, was less important than in previous years: it stood at 2,3%, against 3,4 , 4,1% and XNUMX% the two previous years.

"We can see in this result the moderating effect of the rent control re-applied since July 1, 2019, difficult to isolate however from the effect of the health crisis on the rental market, in particular with smaller rentals students ", comments OLAP.

Among the relocations that led to an increase in rent above the IRL, more than one in two (51%) was not justified by major works in Paris. This is more than in 2019, where the share of increases without legal justification was 42%.

In the rest of the Paris area, "unlike in previous years", the rise in re-letting rents is greater than in Paris: + 4,4% in the inner suburbs, "the highest level since 2013" , and + 2,8% in the inner suburbs.

In Île-de-France, the rental framework was extended on June 1 to nine municipalities in addition to Paris: Aubervilliers, Épinay-sur-Seine, L'Île-Saint-Denis, La Courneuve, Pierrefitte-sur- Seine, Saint-Denis, Saint-Ouen-sur-Seine, Stains and Villetaneuse.