Is France Next?
Thursday, September 25th, 2008 
Posted by OP-Mall in 
Paris is known as the romantic getaway of choice in all of Europe by many people. The city has long been an attractive spot for property investors due to the central Europe location as well as its popularity. It made for easy rental or long term letting.
However, cracks are now starting to appear in the city’s property market. Turnovers are on the downturn and property prices have stopped climbing which is concern for many. After the catastrophic turn of events in fellow Eurozone countries like Ireland and Spain, home owners can’t be blamed for worrying about their future.
Reports from the FT of a market slowdown have been confirmed by Parisian real estate agents. These guys know their market and if they are showing concerns, perhaps they do carry validity indeed.
