| Popis: |
Long-term land leases have been developed by both public and private entities for a long time in France with different purposes. The increase of residential real estate values since the end of the 1990s and the resulting growing need of affordable housing have led to a new generation of long-term land leases. During the past few years, several incentives have been launched by the French government to promote long-term land leases, especially for housing development. Precisely in a context of scarcity of land, the government has considered long-term land leases as a 'new' tool to manage the land and to develop projects. Paris and Lyon are major French cities which recognised as the places where land leases have been implemented on a large scale for a long time. Experiments focus on land leases for rental housing and for homeownership programs. Paris is the most expensive city in France, with social housing accounting for 18.5 percent of units. |
