It’s a recurring problem in big cities: with the real estate boom, the middle class can no longer afford to own it. So, to avoid the exodus of families, Paris launched, a month ago, low-cost housing.
Becoming an owner, in one of the most popular districts of Lille: Elisabeth Auber dared not dream of it. “It is a T5 that we transformed into a T4“, She describes. However, she has just purchased a 91 square meter duplex, with a terrace overlooking a green roof, and all for less than 200,000 euros. An unbeatable price, obtained thanks to the real solidarity lease.
Buy, but only the walls
With the real solidary lease contract, the owner only buys the walls for a period of 99 years. The land belongs to a non-profit organization which collects a symbolic rent of one euro per month. Main constraint: impossible for this owner to make a capital gain on resale. But that’s not a problem for her. “We cannot speculate, and frankly, it is something that we also liked. We were looking to buy to have a roof, not to build heritage“, She explains.