The neighboring towns of Paris and Saint-Ouen (Seine-Saint-Denis) are launching a public real estate company to buy up buildings and turn them into social housing, in response to the housing difficulties of the middle classes.
Paris and Saint-Ouen join forces to create a real estate company
A budget of 50 M€ per year was voted by the Paris Council to "kick-start the movement".
This is a machine translation. Automated translations are intended solely as a convenience and are not legally binding.
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