Le Blanc, David; Laferrère, Anne - European Real Estate Society - ERES - 2000
Social public housing offer rents that are more than 60 % undervalued. The total `loss' of public sector landlords amounts to 37 billions Francs per year. The `rebate' allows social sector tenants to consume 10 % more housing services and 11 % more of other goods. The surplus gain of living in...