{"id":591,"date":"2025-11-20T14:49:12","date_gmt":"2025-11-20T14:49:12","guid":{"rendered":"https:\/\/betterloc.com\/?p=591"},"modified":"2025-11-20T14:49:12","modified_gmt":"2025-11-20T14:49:12","slug":"loi-le-meur-un-an-apres-un-impact-limite-sur-la-crise-du-logement-malgre-des-mesures-lourdes-pour-les-meubles-de-tourisme","status":"publish","type":"post","link":"https:\/\/betterloc.com\/en\/loi-le-meur-un-an-apres-un-impact-limite-sur-la-crise-du-logement-malgre-des-mesures-lourdes-pour-les-meubles-de-tourisme\/","title":{"rendered":"Le Meur Law: one year later, a limited impact on the housing crisis despite heavy measures for furnished tourist accommodation"},"content":{"rendered":"<p>One year after it came into effect, the <strong>Le Meur Law<\/strong> \u2014 often referred to as the \u201canti-Airbnb law\u201d \u2014 continues to be a subject of debate. Presented as a major tool to combat the housing crisis, it has profoundly altered the tax and regulatory framework for furnished tourist accommodations. But initial assessments show a <strong>a striking discrepancy exists between the extent of the constraints imposed on landlords and the limited actual impact on access to housing<\/strong>.<\/p>\n\n\n\n<p>While the law strengthens taxation, tightens energy performance obligations (DPE), and gives more power to mayors, it does not address the structural causes of the crisis: <strong>construction deficit, high vacancy rate and bureaucratic red tape.<\/strong>Here is a critical analysis of this first year of implementation.<\/p>\n\n\n\n<p><strong>1. A major tax reform, but not central to the debate<\/strong><\/p>\n\n\n\n<p>The Le Meur Law profoundly reconfigures the LMNP regime, notably with the massive reduction of tax allowances <strong>Micro-BIC.<\/strong>These lower thresholds have prompted many owners to opt for furnished tourist accommodation classification or the actual expense regime. Furthermore, aligning capital gains calculations with professional rules adds a layer of tax uncertainty.<\/p>\n\n\n\n<p>However, even though these changes weigh heavily on small property owners, they remain <strong>accessories in housing market analysis<\/strong> : they modify individual profitability, but have very little effect on the overall supply of housing for primary residences.<\/p>\n\n\n\n<p><strong>2. Strengthened local regulation, with a variable impact depending on the region<\/strong><\/p>\n\n\n\n<p>The law has primarily strengthened the power of municipalities: limiting rentals to 90 days for primary residences, mandatory registration, increased penalties, enhanced oversight of co-owned properties, and mandatory energy performance certificates (EPCs). These tools allow mayors to significantly restrict activity, particularly in high-demand areas.<\/p>\n\n\n\n<p>But their effectiveness depends <strong>entirely of their degree of local application<\/strong>Some cities, heavily reliant on tourism, remain cautious. Others, like Paris or Bordeaux, have adopted a very restrictive strategy\u2026 without any conclusive results on prices or housing availability.<\/p>\n\n\n\n<p><strong>3. One year later: a largely mixed assessment<\/strong><\/p>\n\n\n\n<p><strong>Tourist accommodations represent a marginal part of the crisis<\/strong><\/p>\n\n\n\n<p>Data observed in the strictest cities shows an extremely limited impact:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Share of intensively furnished accommodation<\/strong> : 0.3 to 0.4% of the stock in Paris and Bordeaux<\/li>\n\n\n\n<li><strong>Share of vacant housing<\/strong> : 7 to 10%, or up to <em>25 times more<\/em> that of furnished tourist accommodations (still in Paris and Bordeaux)<\/li>\n\n\n\n<li><strong>Price trends since the tightening of regulations<\/strong> :\n<ul class=\"wp-block-list\">\n<li>Paris: rents +13%, purchase prices +6%<\/li>\n\n\n\n<li>Bordeaux: Rents +22%, purchase prices +10%<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>These figures highlight that furnished tourist accommodations are not <strong>pas<\/strong> a major driver of the housing crisis. Even with strict regulations, prices continue to rise. The problem stems primarily from a lack of new construction, persistent vacancies, and constraints placed on traditional landlords.<\/p>\n\n\n\n<p><strong>Severe economic consequences<\/strong><\/p>\n\n\n\n<p>While the effect on housing remains minimal, the impact on the local economy is immediate:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>massive withdrawal of announcements and investor uncertainty,<\/li>\n\n\n\n<li>decline in activity for concierge services, laundries and related services,<\/li>\n\n\n\n<li>risk of weakening urban tourism, already facing a record rise in hotel prices (+70% in eight years in Paris).<\/li>\n<\/ul>\n\n\n\n<p>In some tourist resorts, the energy performance certificate (EPC) requirements are causing concern: condominium associations sometimes take years to approve renovations. Overly strict enforcement could destabilize the mountain economy, which is heavily reliant on seasonal rentals.<\/p>\n\n\n\n<p><strong>Strategic relocations rather than the disappearance of the sector<\/strong><\/p>\n\n\n\n<p>Far from collapsing, the market is adapting:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>investment shifted towards <strong>premises for commercial use<\/strong> (easier to rent),<\/li>\n\n\n\n<li>switch to the Real regime,<\/li>\n\n\n\n<li>administrative workarounds linked to the lack of cooperation from certain platforms.<\/li>\n<\/ul>\n\n\n\n<p>The Le Meur law makes the activity more complex, but does not eliminate it. Above all, it will strengthen the <strong>professionalization<\/strong> of the sector to the detriment of small individual owners.<\/p>\n\n\n\n<p><strong>4. A structuring law\u2026 but an insufficient remedy for the housing crisis<\/strong><\/p>\n\n\n\n<p>While the Le Meur Law certainly provides a stricter framework for furnished tourist accommodation, it does not address the root causes of the crisis:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>too few homes built,<\/li>\n\n\n\n<li>cumbersome procedures,<\/li>\n\n\n\n<li>difficulties in renovating vacant housing<\/li>\n\n\n\n<li>mismatch between supply and the actual needs of households.<\/li>\n<\/ul>\n\n\n\n<p>After a year, the conclusion is clear: <strong>Targeting furnished tourist accommodations frees up only a tiny fraction of housing.<\/strong>, while the economic and social effects of the reform affect an entire sector of tourism.<\/p>\n\n\n\n<p>The housing crisis requires a more comprehensive, ambitious and coherent approach \u2014 one that goes far beyond the scope of Airbnb and short-term rentals alone.<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Un an apr\u00e8s son entr\u00e9e en vigueur, la Loi Le Meur \u2014 souvent qualifi\u00e9e de \u00ab loi anti-Airbnb \u00bb \u2014 continue de faire d\u00e9bat. Pr\u00e9sent\u00e9e comme un outil majeur pour lutter contre la crise du logement, elle a profond\u00e9ment modifi\u00e9 le cadre fiscal et r\u00e9glementaire des meubl\u00e9s de tourisme. Mais les premiers bilans montrent un [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"featured_image_src":"https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-scaled.png","author_info":{"display_name":"yvonick.neumager@gmail.com","author_link":"https:\/\/betterloc.com\/en\/author\/yvonick-neumagergmail-com\/"},"featured_media_urls":{"thumbnail":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-150x150.png",150,150,true],"medium":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-300x168.png",300,168,true],"medium_large":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-768x430.png",768,430,true],"large":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-1024x573.png",1024,573,true],"1536x1536":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-1536x860.png",1536,860,true],"2048x2048":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-2048x1147.png",2048,1147,true],"trp-custom-language-flag":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-18x10.png",18,10,true],"blog-thumb":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-530x250.png",530,250,true],"blog-full":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-1100x450.png",1100,450,true],"portfolio_item-thumbnail":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-scaled.png",600,336,false],"portfolio_item-thumbnail@2x":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-scaled.png",1200,672,false],"portfolio_item-masonry":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-scaled.png",600,336,false],"portfolio_item-masonry@2x":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-scaled.png",1200,672,false],"portfolio_item-thumbnail_cinema":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-scaled.png",598,335,false],"portfolio_item-thumbnail_portrait":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-scaled.png",600,336,false],"portfolio_item-thumbnail_portrait@2x":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-scaled.png",1200,672,false],"portfolio_item-thumbnail_square":["https:\/\/betterloc.com\/wp-content\/uploads\/2025\/11\/Design-sans-titre-scaled.png",800,448,false]},"_links":{"self":[{"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/posts\/591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/comments?post=591"}],"version-history":[{"count":1,"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/posts\/591\/revisions"}],"predecessor-version":[{"id":593,"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/posts\/591\/revisions\/593"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/media\/592"}],"wp:attachment":[{"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/media?parent=591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/categories?post=591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/betterloc.com\/en\/wp-json\/wp\/v2\/tags?post=591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}