This is a bill each year a little more salty for real estate owners. The property tax has also increased by more than 1.7% between 2017 and 2018 after an increase of nearly 12% over the last five years, a level five times higher than inflation over the same period.
The Observatory lists the 50 largest cities in France. And almost none is an exception: the property tax is up in 46 of them with sometimes spectacular leaps as in Nice where it has just increased by more than 19%. Same thing in Villeurbanne with an increase of nearly 11%.
Almost no city escapes the rule
Elsewhere, the increase is much more moderate, but only 4 cities saw their property tax drop. This is the case of Lille in particular, which has finally lifted the foot, after an increase of more than 30% over the last 5 years.
"While some municipalities have become aware of the urgency of stemming the slippage of the property tax, others on the other hand are slipping heavily," said Pierre Hautus, the director general of UNPI.
For the homeowners' defense association, there is no doubt that some municipalities are actually compensating the owners for the drop in the endowments and the disappearance of the housing tax rather than cutting their expenses.
UNPI is once again sounding the alarm: property taxes today represent 2.3 months of rent for homeowners who rent their homes.