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Real Estate Sales Collapse in Paris

Greg1084 Wrote: Nov 18, 2012 8:56 AM
Paris proper has had a declining population for decades. It's getting to be like Venice. Only a few super-rich can afford to live within the city itself, but in the daytime it looks full because it fills because of the tourists and the commuters.

Mainstream media offers little on the stunning collapse of real estate sales in France, notably Paris and Ile-de-France. Via Google translate, please consider Real Estate November 2012: figures for the month. Here are a few translate-unedited snips.

2012 will remain a very bad year for real estate professionals. In this comprehensive figures on the property market in November 2012, discover the sharp decline in real estate sales in Paris and Ile-de-France.

Even in Paris, it becomes difficult to...