On 29 February 2016, the government presented at a press conference the elements of the tax reform, which is to come into force on 1 January 2016.^er January 2017.

For the housing component, several measures were presented:

Facilitating access to housing

In order to improve the financing capacity of his or her own home, taxpayers who have not yet reached the age of 40 will see an increase in the ceiling for deductible contributions paid into a home savings contract. The deductible amounts for interest on real estate loans have also been increased.

In order to increase the supply of affordable housing, social renting through accredited bodies (e.g. AIS - Agence immobilière sociale) as well as the placing on the market of properties intended for sale are encouraged (time-limited measure).

More information on tax reform

See the infographic 

Source: Ministry of Finance