Paris is changing. Squats, prostitutes, gangs of young and dark, lit alleyways become memories of a shady and will soon be in the distant past of the French capital. There is still some way to go before the city completes its transformation, but in the meantime, it's very interesting to watch, especially for those of us who are interested in the property and who enjoy snapping up the clever work in the district about to become fashionable.
So what exactly has brought the initiative to transform Paris itself?
a few years ago, there were several disastrous fires in squats in the center of the city resulting in tragic circumstances. Center-right government immediately agreed to eradicate all remaining squats after the incident, and thus the improvement of public safety and increase police presence in the city. France has long been decorated center left Socialist Party, which usually have a relaxed attitude to the presence of police and security, giving higher priority to social security and the maintenance of generous state pension plan instead. current changes in today reflects new priorities in French life.
Green politics in France are a very bright future
In addition, the need for green politics in the French capital is stronger than ever. The future of central Paris is one of efficient, quiet, public transportation, few vehicles, reduced pollution and paved streets. Future in Paris as far more comfortable and pleasant place to live contributes to high customer demand for the Paris real estate. Couple this with the reluctance of owners of properties for sale and tight market with increasing prices and the story of 2010 is developing in front of you.
are in progress to improve Paris costing taxpayers money, driving prices up steadily, but firmly, and eventually will mean many people will have to move to the suburbs in order to maintain a similar lifestyle. suburbs can then be time to improve themselves after the absorption of many young professionals with a reasonable salary. Fortunately for those of us with lower wages, new and affordable housing is planned for 2015.
Grand Paris
In addition, current President Nicolas Sarkozy intends to continue to the end of the "Grand Paris". Is it an urban renewal plan, which mainly affects the suburbs near Paris, have an impact on property prices in the capital itself?
Grand Paris is vital transport and urban design. Tramways, the extension of subway lines, connecting rods from commercial airport and the renovation of some of the external borders of Paris seems to have led to a trip in general prices, particularly in areas near where the new cells are planned. He added that the promise is for 70 000 new homes a year to build as opposed to 35 000 (approx) new build a year in 2010 in Ile de France (Ile de France is the region where Paris and suburbs), and we can predict a high probability updates and changes in ten years.
The new and lower cost of living is likely to be serving low-income families and individuals in the suburbs away from Paris. Existing and new housing developments in the immediate vicinity (Clichy, Argenteuil, Montreuil, Aubervilliers) is already increasing rapidly in value.
as Paris became the center of London and Manhattan: Prices are hunting and the surrounding areas will become the choice for many new customers from around 2015
.Our recommendations
Buying or have a flat in Paris is not a luxury, but it will be in 5 or 10 years. Although good bargains are hard to come by, they can still be found using the right approach. Adoption of a creative attitude towards the apartment seeking to break away from the beaten track of the quick thinking of property sharks and investors should put in a strong position. Investing in areas that are central enough and have yet to see improvements may mean that you as the buyer to avoid paying excessive prices, while at the same time, have their own apartment to appreciate in value more than other surrounding municipalities.
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