Episode Details
Back to EpisodesParis Housing Crisis: Residents vs Tourists
Description
Paris housing crisis escalates as affordable rentals vanish, with nearly 180,000 residents fleeing since 2010. Despite a 90-day cap on short-term rentals, around 25,000 operate illegally, exacerbating the shortage. Rents have nearly doubled this century, and buying is unaffordable. Gentrification has displaced working and middle classes, leaving over 292,000 households on social housing waitlists. As Paris elects a new mayor, candidates propose various solutions, from bans on short-term rentals to incentives for landlords and subsidies for renovations. The city grapples with prioritizing residents or tourists in its housing stock.
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