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Uninhabitable paris? Housing prices in the capital are high, and residents have moved out

Uninhabitable paris? Housing prices in the capital are high, and residents have moved out

Paris, April 24 (Lujia) -- Housing prices in the French capital are so high that more and more residents are relocating to the suburbs and even the provinces. According to France's National Institute for Statistics and Economic Research (Insee), Paris residents are reducing by almost 12,000 per year, a trend that is expected to continue through 2025.

Uninhabitable paris? Housing prices in the capital are high, and residents have moved out

According to the Parisian newspaper, data from the French National Institute of Statistics and Economic Research shows that paris has about 2.19 million residents, a decrease of 59,648 people from 2011 to 2016. According to the report, the number of newborns in Paris is decreasing year by year, with 31940 births in 2000 and only 28384 in 2016. This is first and foremost due to the fact that parisians continue to postpone their childbearing age, the average age of first-time parenthood is 33 years old, and Parisian families have fewer children than in other regions.

Uninhabitable paris? Housing prices in the capital are high, and residents have moved out
Uninhabitable paris? Housing prices in the capital are high, and residents have moved out

The analysis believes that this situation is inseparable from the rising housing prices in Paris. In 2018, the average price of real estate in Paris was 9,500 euros per square meter, compared to only 5,650 euros in 2006. The same is true of the rental market, where rents are rising and listings are becoming increasingly tight. When Parisian families have more than one child, they need more living space, and many will choose to move to the suburbs, suburbs and even provinces. As a result, while paris residents are decreasing, the population of the Paris region continues to rise. According to france's National Institute of Statistics and Economic Research, the "return" of the Paris population is expected to wait until young people born around 2000 become parents.

Uninhabitable paris? Housing prices in the capital are high, and residents have moved out

Susannah, a 39-year-old interviewee whose family originally lived in an 85-square-meter apartment in central Paris, told reporters that she liked the neighborhood, but after having a third child, she wanted to change to a larger residence, so she moved to a garden villa in Saint-Germain-en-Laye, 78 in the 78th department of Paris, where each child had their own room, which she thought was the right decision. As far as she knows, the original neighbor family moved to Châtenay-Malabry in hauts-de-Seine, a region of Paris, for the same reason.

Leia Liposa, 52, went further — moving from Paris to the Coutances neighborhood of Normandy in northern France. She told reporters that she had previously bought a house in the canal de l'Ourcq in the nineteenth arrondissement of Paris, but that daily life was "driving, going to work, sleeping", the pace of life was tense, the cost of living was high, "everything was two or three times that of the provinces", so that it was impossible to save money, and the security in Paris was also insecure. Two and a half years ago she left Paris to start a company in the provinces, swapping out a 42-square-meter apartment in the capital for a 70-square-meter apartment in Normandy, with gardens and parking. She believes that the quality of life has improved a lot, and the work and prestige have not been affected, "Now you can have a computer to work anywhere." ”

Uninhabitable paris? Housing prices in the capital are high, and residents have moved out

Emma, a 32-year-old pharmacist who is a mother of two, said that her family rented a 70-square-meter apartment in Paris, with a monthly rent of 2,000 euros, equivalent to a person's salary, "All our friends want to leave Paris and move to the suburbs, my husband and I are too, but because of work reasons to continue to live here, I don't know how long it will take." ”

Marie Madeleine, 61, who has lived in Rue Montorgueil in Paris' 2nd arrondissement for 37 years, said that when her husband retires, they will move to the provinces to spend their old age.

Uninhabitable paris? Housing prices in the capital are high, and residents have moved out

The Paris housing market is tight, the number of "second homes" for investment has soared by 43%, and travel rental platforms such as Airbnb have gradually become monopolistic. Olivier Léon, deputy director of the Paris region at the French National Institute of Statistics and Economic Research, confirmed that since 2015, airbnb alone has advertised 65,000 Parisian apartments for tourist rentals, putting enormous pressure on the capital's real estate stock, with inflationary effects on rents and speculative sales.

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