Keyword: Home ownership

Numbers of French owner-occupied homes now overtakes those in UK

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Last year 64.8 percent of UK homes were owner-occupied compared to 65.1 percent in France, a first-ever reversal of ranks since 1995.

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How the roof collapsed on French home ownership dream

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When he was elected in 2007, French president Nicolas Sarkozy presented an ambitious programme to increase home ownership in France, raising the number of French households that are owner occupiers from 57% to 70%.  But five years on, despite introducing tax breaks and interest-free loan schemes, the figure has inched to just 58%, a similar increase to the previous five-year presidential term. Ellen Salvi reports on what went wrong.