French real estate struggles as economy narrowly avoids recession

T

totallyproperty

Administrator
Staff member
In tandem with the German economy, the French economy fared slightly better than expectations during the last quarter narrowly avoiding slipping back into recession. There are some serious issues to be addressed by the French government with budgetary problems, austerity issues and a lack of economic growth all proving major stumbling blocks for any short to medium term growth in real estate prices.

Is the worst case factored into the French real estate market or can we expect further downside in the short to medium term?
 
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