Encadrement des loyers à Paris : les logements à petites pièces plus contraints que les autres

Abstract

The municipality of Paris decided in August 2015 to renew its approach to rent control. New rents were not to exceed a given ceiling, being capped at the median rent per square metre plus 20%, for each category of dwelling (number of rooms, neighbourhood, and period of construction). This paper analyses the effects of the policy. We showthat the ceilingmet with only partial compliance, as 20% of rents exceeded the ceiling after August 2015. We then demonstrate the distortive effect of the rent control design. Ceilings were based on the number of rooms and failed to recognise that floor area can vary widely between dwellings with the same number of rooms. Dwellings with small rooms were more constrained by the rent ceilings, and were the only dwellings for which rents fell following implementation of the new controls.

PARIS2019: The impact of rent control on the Parisian rental market

“…The consequences of the first rent control system implemented in Paris were analysed by Malard and Poulhes, 2020 based on data collected by the Observatoire des Loyers de l'Agglomération Parisienne (OLAP). Using a logistic model, they predicted a theoretical rate of exceeding the maximum base rent ("loyer de référence majoré") over the framework period and compared it with the observed rate.…”