Spanish Property Insight › Forums › Spanish Property Forums › Spanish Real Estate Chatter › Property in France will become much cheaper than in Spain › Re: Re: Property in France will become much cheaper than in Spai
More cobblers from you ‘jakesuper if I may say so. 👿
The French property market is totally different from Spain, it’s another planet.
I know the market very well and own a number of French properties. Yes the taxes will hurt but it will not effect the market very much.
Second homes owned by Brits in France tend to belong to the well heeled middle classes. They can take the hit.
France has very strict controls on it’s banks and lending and always has had. There have been no bubbles, no booms, no crash no over development on Micky Mouse credit.
Even accounting for regional differences the market is incredibly stable with small price drops across the board due to the general downturn in the economy.