Rental investment: the Pinel tax niche will not be replaced, according to the minister

She nevertheless believes that "rental investment must be supported" and "is looking at the proposals of parliamentarians to find transition paths" after the disappearance of Pinel on December 31, 2024, in an interview published Friday by Le Parisien/Aujourd'hui en France.

She cites for example a proposal from the MP (Horizons) of Indre, François Jolivet, which "allows one to make (...) a tax-exempt donation to one's children of up to 150.000 euros per parent for the purchase of a new home" and proposes "to exempt buyers of a new home from inheritance tax".

To support construction and home ownership, the minister reiterates her position in favour of the generalisation of zero-rate loans (PTZ) for first-time buyers "everywhere" in France, "for new builds, for apartments, as well as houses".

Currently, the PTZ is reserved for so-called “tense” areas and apartments.

"These changes would allow around 15.000 additional homes to be built in 2025, which would represent around 600 million euros in VAT," the minister said.

It indicates that "40.000 PTZ should be granted in 2024 for an amount of 900 million euros spread over 5 years".

Another subject on which the government has already expressed itself and for which Valérie Létard provides details: the timetable for the energy performance diagnosis (DPE) and the ban on the most energy-intensive housing (classified F and G in the DPE).

A bill will be tabled "before January 1" to grant "additional time" to "all co-ownerships which have, at a minimum, voted on the decisions to carry out energy renovation work", indicates Valérie Létard.

According to her, "around 250.000 condominium apartments will be affected" by the ban on renting out G-rated housing from January 1, 2025, while the "priority is to allow the French to find housing."

Valérie Létard also wants to bring "flexibilities" to "penalize less housing heated by electricity".