Nicolas Sarkozy has announced his anti-crisis measures including housing crisis.
2 measures have been put forward for housing market: the zero-interest loan and demand structures of the state of 70,000 homes.
So good news?
One is good, the second, in fact, the State will support its application by the real estate market, construction and property development. A crucial point for employment and the French GDP. It is also necessary that this be put into operation rapidly.
The maximum interest loan will be increased and this is not necessarily a good idea. Indeed, only households in precarious situations can have this ready so that more attractive for households struggling to borrow. Not terrible is not it? We rebuild a helping subprime? And banks will they accept to pay the rest? This measure is less good.
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