British home owners and housing change in rural France

Abstract

Drawing on a survey of 406 home owners in France, expansion in British property ownership is shown to have increased the rural housing stock and to have improved rural housing quality. In all, 30 per cent of British home owners in France have added at least one dwelling to the housing stock, mostly by restoring a derelict property or bringing an unwanted farm building into residential use. Amongst other property owners, 55 per cent have undertaken significant renovations (extensions, major structural work, etc.), so more than two‐thirds of all British buyers have helped raise the quality of the rural housing stock. This has had little effect on house prices, partly because there is little French demand for the properties Britons buy. Given that British buyers are also reluctant to acquire homes from other Britons, a semi‐autonomous housing market is being created in which resales are difficult. This tendency is weakening slightly now, but British owners who wish to sell continue to rely on France being used as an extension of ‘British’ rural housing markets, wherein they can acquire a rural ‘dream’ home that is not only unaffordable but also unattainable in Britain.

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