Reconstruction of facts said us anything else000 daily barrels in November either 645This represents nearly 190000 young each yearThe unsuccessful will be many including in the ranks of the French banksA calendar of ambitious if not unrealisticThese software can be divided into two categoriesBush is still the tenant of the White HouseAnd the crisis could last about two yearsThe leverage of debt reduction process will take years5 and 7 this year a sharp drop after the 9The device in place by Nicolas Sarkozy to boost the construction and support the economy becomes clearer. Of the three major measures announced Wednesday evening ("Les Echos" of yesterday), with the more successful attention is the purchase décoté private 30,000 new homes developers whose work have not been launched without sufficient reservations. These purchases will be implemented now, by the sphere public or parastatal agencies. Real estate assets acquired will be leased as social housing or, for certain, intermediate, and "they can, ultimately be sold with value", it is argued in the Elysee Palace. The Group Société Nationale Immobilière, which is the housing of the Caisse des Dépôts et Consignations pole, already yesterday announced its intention to buy 10,000, either on-line or through housing agencies that it controls. The housing land (belonging to the 1 employers housing sector) could engage in the operation and, "in any State of cause, the balance, or at least 15,000 houses, will be acquired by housing agencies", says it the Office of the Minister of housing, Christine Boutin. The choice of agencies purchasers will be arrested soon, and the technicalities of the operation.
Breath of oxygen
Social landlords gain traditionally low with promoters, preferring to make themselves control of book. "What is new for the World Council, is this dialogue at the national level with private promoters," explains to the Ministry of housing, which visited yesterday the President of the Federation of builders sponsors, Jean-François Gabilla. The latter (see below) welcomed this breath of oxygen given to developers "stuck" with frozen programs.
The Presidency of the Republic, it was held to clarify that the operation would without funding from the State, therefore no impact on public finances. "The amount that had been allocated by the law of Finance 2008 social housing was intended for the financing of social housing 142.000 and has not been fully used, it remains an available surplus," said the Ministry of housing. Nothing will not be added to the device included in the draft Finance Act, to fund 120,000 units. The funds collected by the booklet will enhance the loans for these purchases to housing agencies, but will not put to contribution beyond this role that is traditionally vested.
Second measure: one concerning the absence of solvency of potential purchasers. They toil to obtain bank credits while banks re-finance difficult markets. Nicolas Sarkozy has therefore decided to extend the guarantee that the State brings to mortgage households. This guarantee via social accession loans enables households to obtain credit and facilitates the refinancing of banks. 60 of potential buyers will be eligible for this guarantee instead of 20 currently raising the ceiling of resources requested for benefit. "The new ceiling be zero rate loan", it says in the Elysee Palace. Finally, Pass-land, to spread the cost of an acquisition, which was to be awarded in 2009 to 20,000 collective dwellings, in lies ultimately 30,000.
All these measures were welcomed in the world of construction, including the French Federation of the building, which however expected to know the concrete modalities of implementation. However, in a statement, the National Union of real estate property (Unpi) deplored that the housing support measures announced do not address the issues. For the Unpi, "measures will support activity for a few months only but the accession candidates have more ways to access". Finally, others are wary of the perverse effects of the stimulus package of real estate, as the national Secretary in the economy of the Socialist Party, Michel Sapin, who feared that it causes the redemption of "rotten assets".
