The proposal by Patrick Allemand, which we reported on yesterday, asked Christian Estrosi to impose on the public landlord Côte Azur Habitat a reduction of 5 euros in rents to compensate for the decrease in APL decided by the Government, did not last long.
It was not the Mayor of Nice and president of the Metropolis who responded, but directly the President of Côte d’Azur Habitat, who curtly dismissed the proposal.
The reasoning is economic: “I remind you that, according to the Union Sociale pour l’Habitat, an overall reduction in the rents of HLM tenants to compensate for the possible decrease in APL would be economically unsustainable for HLM organizations, facing the increasing impoverishment of their occupants. The economic model of HLM organizations is based on very long-term debt, guaranteed by local authorities, and repaid by the rents of the occupants of the social housing stock. This possible decrease would pose a major systemic risk to the HLM world, including Côte d’Azur Habitat, which houses 20,000 families.
The 5 € rent reduction per unit represents an annual revenue loss of 1,152,000 €, noting that rents are the only revenue source for HLM organizations, which will hinder the necessary investments for the maintenance and rehabilitation of the residences.”
Her conclusion is unequivocal: “It is really a false good idea stemming from a demagogic and ideological approach.”
