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Batman Batman
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From: Batman Batman 10 September 2016 14:14 PM

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From: Batman Batman 10 September 2016 14:14 PM

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This article is scary. Professor mouillard is known in France to be paid by the French housing lobby to advise everyone to buy despite the bad conjecture. He has no credibility whatsoever - on the opposite - everything he suggests is most likely the opposite of good advice. In France the baby boomers are becoming sellers (statistically) and if you check out the "indice de tension immobiliere" you will find out that prices will fall by a lot even if the papyboomers were not going to worsen things during the next 30 years by bloating the offer even more. In France, unemployement is rising, and jobs are more and more precarious (in 2014 we had 80%cdi amongst new contracts and now it has dropped to 15%... Banks don't lend to unsolvable people...) and even if you disregard that, a glimpse at the age pyramid will show you that there simply isn't enough youngs to buy to the old. Rates are as low as possible - sell now or suffer the consequence of the loss of market value of your goods when the rates rise again. (For memory when rates grow1% in France, prices drop 15% - and vice-versa) The recent drop in rates just hides the drop of 30% of buying power of buying power of house hunters. Now is the time to sell and not buy. Many French economists predict further drop of prices of 50 to 65%. Check out the governmental data on the CGEDD web site - "courses de friggit". This is just a brief warning in a comment. But do your research and please do not take mouillard seriously. He is as crooked as a fishing hook.

From: Batman Batman 10 September 2016 14:13 PM

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