France Introduces Half-Price Housing Scheme for Youth: Buy Homes for 'Retirement Funding'
In France, a new housing scheme has been launched to assist young people in entering the housing market, allowing them to buy houses from older homeowners at half price. This plan, known as 'Retirement Funding', enables buyers to acquire full ownership after the homeowner passes away.
The initiative aims to alleviate housing difficulties for both young and elderly citizens. Under this program, buyers pay a reduced amount when purchasing the property, while the seller retains the right to live there for their lifetime.
Experts believe that this move will not only stimulate the housing market but also encourage understanding and support across different age groups in society.
