Our investor guide to Paris in a nutshell
Our investor guide to Paris in a nutshell
16th August 2005
Paris is no longer cheap.House prices there rose 13% last year alone, and have doubled since 1997. Some 20% of the city's housing stock is privately rented because so many potential buyers have been priced out of the market.And there is no sign of a slowdown despite warnings by the Bank of France that there could be a price crash. One in five new apartment owners is a foreigner, and many leading analysts have put the big price rises down to them.
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