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Real estate developers building the athletes' village for this year's Paris Olympics are struggling to find buyers for their apartments once the Games have finished due to a downturn in
Real estate developers building the athletes' village for this year's Paris Olympics are struggling to find buyers for their apartments once the Games have finished due to a downturn in the French property market.- Falling prices - The lacklustre sales at the Olympic village reflect this wider downturn in the Paris property market where prices fell by 2.4 percent last year, according to the country's biggest real estate agency, Century 21.
Real estate developers building the athletes' village for this year's Paris Olympics are struggling to find buyers for their apartments once the Games have finished due to a downturn in the French property market.
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Owners of historic apartments among those affected by green standards
High interest rates and tough lending rules have hampered the property market since 2022, but experts suggest 2024 may be a better year