With tourists absent, the offer for furnished long-term rentals has exploded in a few months. This has sometimes resulted in cheaper furnished rents than with an empty rental in some cities. But the market is starting to normalize.
(BFM Immo) - Since the start of the health crisis, there has been an explosion in the long-term furnished rental market. Indeed, all those who rented on seasonal rental platforms like Airbnb or Abritel, for lack of tourists, have returned to the traditional furnished. This influx of offers has had a real impact on rents, especially in cities that are usually very tight.
Thus, according to SeLoger's data, in Bordeaux furnished rents fell 6.7% over one year (between April 2020 and April 2021). In Paris, the decline is 4.5% over one year and in Marseille 2%. There are even cities where the rents for furnished housing have become lower than those for empty housing, especially in the West. This is particularly the case in Nantes, Rennes or Brest. We even find this "market anomaly" in the Parisian suburbs as in Montreuil or Argenteuil.
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