Real Estate Platforms Partner with Housing Ministry to Develop Rental Map of France

The Elan law which was launched in 2018, has fully supported the Local Rental Observatories (OLL) in order to gather more information on the rental climate within the country. This covered metro areas but there are still holes. Rural areas gather little to no information on rent, and the Housing Ministry has noticed and done something about it with this recent partnership. 

Working with SeLoger, leboncoin, and pap.fr, the Housing Ministry of France has developed a transparent calculation method to measure rent charges for all municipalities in France.

Having more information about rent helps the private rental market function and aids in designing better national and local housing policies. This will be the first service to cover the entire rental market in the country and will hopefully lead to a more transparent and robust sector. 

A 2-year project, the map has been a joint venture between the Ministry, Agrosup Dijon, INRAE, and three real estate giants in France-- SeLoger, leboncoin, and pap.fr.

With the data from advertisements between 2015 and 2019 on the three real estate portals (SeLoger, leboncoin, and pap.fr), the map analyses the information and compares it to data from OLLs along with rental indicators from PriceHubble and displays them in an easy-to-read way. 

The map is currently on the Ministry's website and is updated every two years by the ANIL.