Rental: “We are on an extremely low level of offers” with “30% less advertisements compared to 4 years ago”, according to Seloger

“It is a market that is very tense”note Tuesday July 22 on France Inter Thomas Lefebvre Director of studies of the Seloger group, who describes an unprecedented and disturbing situation on the rental market. “We see it on the offer of accommodation available, we are on an extremely low level of offers, 30% less announcements compared to four years ago”he advances.

Faced with the drop in supply, “We have an extremely high level of requests, with 30 to 40% of people looking for accommodation. All this creates a tension that is felt on the rents practiced and which continue to increase”. Rents in France “Increase at a rate of 2% per year, an evolution that is stronger than inflation. It is symptomatic of a market which is very tense”argues the director of studies of the Seloger group.

In addition, the increase in the number of people seeking to become tenants, “is the result of the increase in borrowing rates that we have known for three years”. On one “More and more tenants since we have fewer and fewer people who can access property”continues Thomas Lefebvre. Therefore, the cycle which consists of “Be tenant” to begin with “Then becoming Primo-Accédant is a little broken”. This situation adds to the tension of the rental market. “We have more tenants who do not release their accommodation, and every year, there are new requests from tenants” who arrive on the market.