France faces 40pc house price slump
France faces a property slump of Anglo-Saxon proportions as the frothiest boom in French history finally tips over, threatening the country with an economic shock just as austerity hits.
The advice in such markets is tp pretty much ignore the investment aspects of housing and focus upon the consumptions aspects.
Find somewhere you want to live for whatever, 15, 20 years, then work out if the price of living there, assuming no capital gains or even a loss, is acceptable to you for living there over those years.
Don’t gear up, looking for a capital gain of course. But if that little manor house in a desirable village close to a decent airport is within budget then why the hell not?
Or even if that apartment in a decent arrondisement is…..