Editor’s Note
This analysis examines a proposed government amendment to France’s 2026 finance bill aimed at stimulating rental property investment. While acknowledging the intent, the piece argues the measure falls short of both market needs and more ambitious parliamentary proposals, highlighting a potential gap between policy and practical incentive.
Making real estate investment attractive again is one of the keys to increasing the number of rental properties on the market. The draft 2026 finance bill contains a government amendment that moves in this direction. However, it proves disappointing relative to the needs and far less incentivizing than the proposals formulated in June by the report from parliamentarians Mickaël Cosson and Marc-Philippe Daubresse.
Pierre Madec is an economist in the Analysis and Forecasting Department of OFCE (French Economic Observatory).
For Pierre Madec, economist in the Analysis and Forecasting Department of OFCE, it is necessary to rethink real estate taxation in its entirety to recreate momentum.
Why, as an economist, focus on studying the Daubresse-Cosson report, submitted to the former Housing Minister last June, which is oriented towards taxation?