Real estate credit: access to property, the dream of urban dwellers.

Urban, this category of the population who would be greener and less addicted to work? The LCL Urban Life Observatory with Harris Interactive reveals a little more about the inhabitants of large cities. Unsurprisingly, we are talking about responsible consumption, teleworking… but also home ownership!

A priority for half of them

A priority for half of them

Let’s quickly move on to the “snapshots” of city dwellers, which are partly confirmed by the LCL / Harris Interactive Observatory released on October 11: nearly half use public transport (80% in Paris), almost four out of ten use contactless payment, six out of ten are ready to pay more for good or local consumption, three-quarters go abroad at least once a year and are tempted by teleworking.  And let’s dwell on their report in real estate: nine out of ten urban residents consider it important to become a homeowner !

Rental investment also stirs up interest

Rental investment also stirs up interest

A figure – a plebiscite itself – which may surprise us when we know the supposed taste of urban people for flexibility and mobility, two concepts that do not go hand in hand with stone. This population is in fact more prone to changes of employer and to divorces, two events often synonymous with moving.

But that does not prevent half of urban dwellers from placing the purchase of their main residence as a priority. And while half is already an owner, one in four urban residents wishes to make a rental investment and 38% plan to buy a second home and take advantage of property tax exemption.

Mortgage is more accessible

Mortgage is more accessible

It must be said that the context of low mortgage rates has the effect of arousing in a larger number of people the desire to become a homeowner. With a home loan at 1.18% on average according to the Housing Credit Observatory / CSA, and very often below 1% for the best profiles and a loan duration of less than 20 years, buy your home rather than paying rent is an equation that is gaining ground!

Especially since city dwellers note the constant rise in prices in large agglomerations: + 27.8% in ten in the top 10 of provincial cities, + 57.6% during the same interval in Paris according to figures BestAgents October. Calculate your borrowing capacity and buy in a big city, it’s almost certain to realize a capital gain on resale!

 

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