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That's what we have in France, and it has been in effect for quite a while. You get an A to G grade, A being best [0]. It didn't seem to have that much of an e
by vladvasiliu 4y ago
That's what we have in France, and it has been in effect for quite a while. You get an A to G grade, A being best [0].
It didn't seem to have that much of an effect. The government has now had to ban the renting out of units that are too badly insulated [1], with landlords complaining about this.
Of course, with there not being nearly enough units in some markets as is (Paris, for example), combined with rent-controls, I bet watching this unfold will be interesting.
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[0] The rating has existed for a while, though I think it only recently has become mandatory. In my neck of the woods (Paris), when I was looking to rent, it would be exceptional to not see the rating on the advertisements.
[1] The rent is not allowed to be raised on G-class units, and they'll be banned from renting altogether starting in 2025.
- ChuckNorris89 4y ago>It didn't seem to have that much of an effect. Not surprised. In most cities housing is a seller's market so people can't be too picky about stuff like energy efficiency of the unit if they want to have a roof over their head so landlords get away with not doing any maintenance for decades while still collecting rent. >ban the renting out of units that are too badly insulated [1], with landlords complaining about this. Great. Maybe the landlords should do less complaining and more renovating instead of keep being slumlords and keep making money without doing any work.
- zbrozek 4y agoSuch measures will improve some stock and eliminate some stock, but won't produce new stock. So they drive up housing prices.