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WHAT IS THE EVIDENCE ON THE SUPPLY SIDE? Property prices are about supply as well as demand. The s­­­­upply side of the equation – the number of properties available – is also greater in France. I looked at the figures below in Table 2 compiled by Statista from each government’s website in 2023. Table 2 [...]
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WHAT IS THE EVIDENCE ON THE DEMAND SIDE? Take a look at prices in some popular European cities. According to Numbeo, in April 2024, prices per metre2 for city centre apartments were, in Paris £10,179, London £14,113 and Luxembourg £9,093. In contrast, property of the same type in Genoa was just £2,308, Valencia £2,195 and [...]
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