Presidential election policies affecting the French property market

About French property market: both candidates are aiming to increase the supply of housing in order to lower prices, though each has a separate way of getting there.

Sarkozy wants to cut red tape and to focus on building around existing towns, whilst also reducing stamp duty by 50%.

Hollande wants to double the annual amount which can be saved in “Livret A” savings accounts which are regulated by the government and offer no tax on the interest earned. By doing this Holland hopes that more people will have the deposits to buy property and the banks will have the funds to lend. He envisages another 2.5 million homes being built in the next 50 years.