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Real estate crisis in Toulouse: Residents fear social devastation in the construction sector in 2024!

Real estate crisis in Toulouse: Residents fear social devastation in the construction sector in 2024!

investment properties (like Seillier or Pinel tax programs), it will become a real disaster!", predicts Stéphane Aubé.

The only ray of hope in this somewhat gloomy picture is that new housing prices have stopped rising and may have started to fall: "New projects have become 10% cheaper," according to the chairman of the promoters.

The only good news for potential buyers is that Toulouse has been relegated to Zone A, like Bordeaux and 10 major French cities. This allows the income limits for the zero-interest mortgage (PTZ) to be increased and made available to a larger part of the population: 'The PTZ is thus extended to 73% of the population,' explains Laetitia Vidal, chairwoman of the Observer'\'.

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It also makes it possible to expand'the scale of the population eligible for the overpriced acquisition or PSLA program.

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