Bruno Le Maire, to whom Mr. Houlié spoke regarding it, “said to study this hypothesis”, according to the deputy for Vienne, interviewed on France info. Asked by AFP, Bercy did not react on Sunday.
For Mr. Houlié, the possible avenues would be to “loosen some conditions, either the (maximum debt) rate of 35%, or the exemptions which are open”declared Mr. Houlié.
The minister, as president of the High Financial Stability Council, received a request to this effect from several Assembly committee chairmen, including Mr. Houlié, as well as from the general budget rapporteur Jean-René Cazenave.
“There are multiple cases in which households, whose income might justify borrowing to acquire a main residence or invest in rental property, are deprived of access to real estate credit. This reluctance can only be explained by the “strict and prudential application of the rules decreed by the High Council”they lament in their letter obtained by AFP.
A loosening of credit conditions “would unblock many individual situations and give a welcome new lease of life to housing construction or renovations”they judge.
The debt ratio of borrowers, including the cost of credit insurance, is currently limited to 35% of their income, although with exemptions for first-time buyers.
