Les marchés fonciers et immobiliers dans l'économie résidentielle : le cas de Marseille

Abstract : Prices of housing and land for residential use in France have risen strongly in the last decade. To understand this phenomenon, one must take into consideration the fact, mentioned by Keynes, that land resources may constitute, like currency, a means of capitalization, either via long-term hoarding or by short-term speculation. It is shown that in the case of Marseilles the latter feature has been a decisive factor in recent changes in the real estate market with the following consequences: increased appropriation of land resources by private investors, a reorientation of new construction towards rental property and greater social selectivity of the market for older housing. In parallel with higher prices, these features have caused a strong slowing in the distribution of home ownership among urban households.
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André Donzel. Les marchés fonciers et immobiliers dans l'économie résidentielle : le cas de Marseille. Options Méditerranéennes - Série B (Etudes et Recherches), 2011, Régulation foncière et protection des terres agricoles en Méditerranée, pp.25-34. ⟨http://om.ciheam.org/article.php?IDPDF=801371⟩. ⟨halshs-01309519⟩

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