The High Council for Financial Stability (HCSF) met on Tuesday, June 15, 2021, under the chairmanship of Bruno Le Maire, Minister of the Economy, Finance and Recovery, to examine the situation of the credit market real estate in France. According to professionals in the sector, the new standards to come are likely to severely penalize first-time buyers.
Selection of products
To read also
- “De-micardizing” France, a work of art without a “magic formula”
- Macron calls for integrating “a growth objective or even a decarbonization objective” into the ECB’s missions
- The drop in the savings rate, a risky bet to revive growth
- Luxury real estate is also getting in tune with the Olympics
- Paris Olympics: a bill of almost 9 billion euros for the moment
- First ECB rate cut on June 6 “barring any surprises” estimates Villeroy de Galhau
- Bruno Le Maire fears “a heavy economic impact” in the event of escalation in the Middle East
- French growth will suffer from government savings plans, according to the OFCE
Popular News
- Old property prices are still falling but a recovery is taking shape
- A report on anticipating the effects of +4°C warming reaffirms the need for housing adaptation
- AI is already revolutionizing businesses in architecture, engineering, construction... according to Autodesk's "State of Design & Make" study
- The average rate of real estate loans starts to fall again in the 1st quarter, according to Crédit Logement