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News Wire / economy

Faubourg-Alberg Land Prices Rise From Speculation

RFI Afrique Paris 4d4d Impact 5
The cost of land in Faubourg-Alberg is currently high, with two main reasons cited for the increase. Financialization, involving speculation on the limited resource of land, is one primary factor.

Topics

land prices speculation real estate

Developing

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Sources · 7 independent

RFI Afrique

“La hausse du prix des terrains est en effet l'un des principaux problèmes. Et il y a selon moi deux grandes raisons. La première est la financiarisation, c'est-à-dire la spéculation sur ce bien limité qu'est le sol. Et la seconde est la thésaurisation des terrains à bâtir.”

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