Real estate speculation in Paris excludes poor

According to the French Chamber of Notaries, real estate prices in Paris have risen by 20 percent in the past year. The left-liberal daily Libération is outraged: "While the country is getting richer and richer, the working and middle classes must pay an ever-larger share of their income for this elementary need, and prices are rapidly becoming prohibitive as a result of real estate speculation. With Paris in the lead, the large cities are falling prey to a silent and implacable mechanism of exclusion which chases less well-off citizens further and further afield and condemns them to spending hours commuting, with the consequences one can imagine only too well regarding pollution and emissions."

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