The Prime Minister specifies his intentions in matters of housing policy. During his press conference on Tuesday August 25, François Bayrou had expressed his intention to “Refound the housing policy”. But without saying how. This Thursday, August 28, on the occasion of the 7th edition of the meeting of French entrepreneurs (REF), the head of government announced that the project to create a real tax status of the private lessor, carried by the Minister of Housing Valérie Létard and claimed for professionals for 10 years, will be on the menu of his General Policy Declaration September 8.
“There is no imaginable industrial adventure without access to investment. It is true in all sectors ”recognizes the Prime Minister, who has “In particular to the spirit (that) of the accommodation”in crisis for three years. A crisis that poses the “Big question of investment incentive”. Indeed, the promoters repeat it to the envy: without tax advantage – like the Pinel, which ended on December 31, 2024 without a device to succeed it -, norental investors ! However, without the latter, promoters cannot obtain the pre-commercialization rates required by their banks to finance their construction programs.
Rental investment: with the “shock” status of the private lessor, here is what will change in December 2025
Define the status of the private lessor
“We must define the status of the private lessor to bring a new sap to a crucial sector today in difficulty”insists François Bayrou. “The Prime Minister has just recalled: relaunching rental investment to encourage investing in stone is essential to respond to the housing crisis. The future status of the private lessor must be able to be defined and thus guarantee accommodation to Affordable rents to our fellow citizens ”echoed the Minister of Housing.
A definition of the status of the private lessor, Senator Marc-Philippe Daubresse and the deputy Mickaël Cosson gave one in their report, submitted on June 30 to Valérie Létard. The two parliamentarians mainly recommend setting up the possibility ofamortize Any rental investment made from December 1, 2025 and intended for long -term bare rental.
Rental investment: a much higher cost than planned for the future status of the private lessor?
The uncertainty of September 8
Concretely, each year and for 20 years, the owner will be able to deduct from his rental income the amount of this depreciation, which corresponds to the annual depreciation of the accommodation. Marc-Philippe Daubresse and Mickaël Cosson recommend depreciation rates of 5% the value of the property in new and 4% in the old one, provided, in this second case, that the owner Carry out work representing 15% of the housing value.
But, in a context of very degraded public finances, what will this definition remain in the finance bill for 2026, supposed to give birth to the status of the private lessor? According to a source close to the file, the depreciation rates of 5% in the new and 4% in the former recommended by the report are retained by the government. Remains that at the end of the voting that François Bayrou will ask on September 8 at the National Assembly, “The government risks falling. So all this are just words … “sighs another close to the file.
