In France the law does not allow rent (or mortgage) payments higher than 1/3 of net monthly income.
It is pretty effective at keeping the housing market vaguely in check.
Fell apart after COVID when a bunch of Parisians sold their little apartments and arrived in the provinces with a million in their pocket. The law has kept it level after that big jump though I think.
In France the law does not allow rent (or mortgage) payments higher than 1/3 of net monthly income.
It is pretty effective at keeping the housing market vaguely in check.
Fell apart after COVID when a bunch of Parisians sold their little apartments and arrived in the provinces with a million in their pocket. The law has kept it level after that big jump though I think.