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Landlords hit out at tax hikes

Property ownership tax has gone up an average 22% over five years says homeowners' body

PROPERTY ownership tax - taxe foncière - went up 22% in five years, a study shows.

With homeowners having just paid this year’s bill (up again in many cases), figures from UNPI, a national body representing landlords, have highlighted steep hikes from 2005-2010, with Paris the worst, at 72%.

On average over the period the tax, which is paid by people owning property on January 1, went up 22% in the period, or three times as much as inflation.

UNPI president Jacques Perrin said: “There must be an end to these excessive rises in the taxe foncière, which weighs down homeowners with a greater and greater tax burden that is more and more disconnected from their actual ability to pay.”

He said in contrast rents had gone up much less over the period.

Resident or second-home owner in France?
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