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by axlee 1496 days ago
In Paris, 3.5% of households own 50% of apartments on the rental market. Add institutional investors, you are probably looking at 70%+. I'm sure it is the same in every large city. In the whole country, 24% of people control 68% of the housing. Tell me again what needs to be built?

Source: https://www.nouvelobs.com/economie/20211126.OBS51459/3-5-des...

1 comments

Irrelevant - more housing equals cheaper rent. Or put another way, do you think removing housing from the market makes rent more or less expensive?
The reason so many are forced to rent is because they cannot buy. At the end of the day, the population is mostly housed, but only a very small percentage benefit enormously from it because they own all the property.