Post
Topic
Board Legal
Re: Buying property with crypto
by
Becassine
on 17/07/2023, 18:10:21 UTC

I don't understand why real estate prices are rising in France. Investors do not want to buy expensive real estate and invest in other countries with a good climate, such as Georgia, where you can invest in construction at an early stage and get an apartment at a price of 800-1000 dollars per square meter without renovation. How do you like these prices?


Think that with each sale, the government takes a part, the department too, without counting the real estate agencies. Of course the banks also with their 25-year loans. Housing is a basic need. This race for profit is totally insane. But right now, with interest rates going up, good loan applications are being turned down. The cash machine begins to seize up. So much the better, otherwise young people can no longer find accommodation.

On the other hand with declining transactions and therefore the taxes that go with it too, the French government will find us a new tax to compensate.