The problem of finding affordable housing in France is due to several factors, including a shortage of land and social housing, a disparity between income and rents, prohibitive prices, and complicated processes.
The short-term rental platform Airbnb has contributed to this crisis.
In Paris, 30% of the properties on Airbnb are used exclusively for short-term accommodation.
The company has exploited France's attractive location and favourable tax laws, causing significant damage to the housing market.
Airbnb's rapid expansion has changed property owners' relationship with their assets, seeing them more as a means to earn easy income than as a home or long term investment.
Despite attempts at regulation, efforts so far have been insufficient and Airbnb's taxation remains advantageous.
Conclusion: The debate and regulatory actions over Airbnb and the short-term rental market are urgently needed to mitigate the affordable housing crisis in France.