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IMG_2692.JPG
Grande maison en coliving à Paris opérée par Wellow qui acceuille 12 colocataires jeunes actifs et étudiants à la recherche d'une location meublée

The real estate market 

All about the real estate market

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12 demands submitted for 1 rental offer available

The pooling of spaces and community living is an opportunity to enhance the housing supply of high-quality affordable housing in various areas.
In twenty years, the price of square meter in Paris experienced a 248% increase. It is therefore not surprising that young people have great difficulty finding housing, especially since the supporting documents requested by landlords are increasingly selective and constantly becoming more complex.


To address this overarching issue of young people's access to housing and put an end to their struggles, WELLOW aims to reintroduce properties into the market that have been overlooked by investors, positioning itself as a trusted intermediary between landlords and rental applicants.

Some key figures

* Study carried out by OpinionWay for Wellow on a sample of 1013 people, representative of the French population aged 18 and over.

A TICKING SOCIAL TIME BOMB

82%

 of French people believe that housing remains the major oversight in government policy.

HOUSING & PURCHASING POWER

91%

of French people believe that housing issues constrain their lifestyles.

70%

of French people think that the salary expectations of job seekers are closely linked to the cost of housing.

55%

believe that reducing housing costs would be more effective in improving their purchasing power than increasing salaries.

HOUSING & EMPLOYMENT

80%

of French people believe that housing is a barrier to employment.

76%

of French people consider that housing is a major source of inequality in access to employment.

71%

of French people assert that housing is an impediment to employment.

HOUSING & YOUNG PEOPLE

88%

of young people under the age of 35 believe that finding housing is a challenging journey.

17%

of 18-24-year-olds report having abandoned their pursuit of education, which amounts to over 900,000 young individuals.

50%

of young people have faced difficulties in finding housing due to overly selective conditions such as requiring a guarantor or a security deposit.

CURRENT SITUATIONS

4,9
MILLIONS

people experience deteriorating housing conditions because they are unable to change them.

4,2
MILLIONS

people report living in inadequate housing conditions.

3,7
MILLIONS

delay their career transition projects due to the cost of housing.

1,6
MILLIONS

are forced to turn down a job or training opportunity due to housing issues.

2,6
MILLIONS

refrain from entering high-demand professions due to the excessively high cost of housing in relation to the offered salaries.

RENTAL VACANCY

400k

housing units in the Île-de-France region are left vacant by their owners.

17%

of the housing units in Paris are classified as vacant.

FOR FURTHER INFORMATION

Inadequate housing: 14.6 million people affected by the housing crisis.

Real estate trends for 2023.

Housing shortage: Innovating to ease the pressure in Île-de-France.

What housing assistance is available for young people in 2023?

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