BNP Paribas Real Estate unveils the results of a second wave of investigation, carried out with the FIFG, between April 28 and 29, on the relationship of the French to money and consumption, at the dawn of deconfinement. Savings and financial investment intentions, particularly in real estate, are emerging. Sigrid Duhamel, Chairman of the Executive Board of BNP Paribas REIM France sheds light on the results.
The European leader in real estate investment and management services for individuals and companies, BNP Paribas Real Estate Investment Management, highlights, in a latest wave of recent studies, the behavior of French people in the face of money. approach to deconfinement. A tendency to save is confirmed and the intention to invest money in real estate comes second, rather rare in a context of crisis.
A generally well-lived containment
73% of French people say they have experienced confinement well. Despite the health crisis, the vast majority of those interviewed finally broke through containment feeling ” at home ” This is all the more true according to social category and standard of living. In details, 78% of those 65 and over declared that they lived in confinement well, as did those who worked from home (80%), and the same is true for those who live in homes (77%). Disparities exist for French people living in apartments with a lower standard of living. At the time of the survey, they declared living in confinement even less (53%) than in early April.
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An intention to save continues
The French have declared that they want to remain cautious financially after the confinement. The trend observed since March, in terms of savings and national collection, is confirmed by the results of this survey. Indeed, almost 84% of French people said they wanted to “continue” to save in view of the current economic situation. For Sigrid Duhamel, this is completely understandable. ” Saving is classic in a crisis. The vast majority of them will continue to save. There was little possible to do during confinement, apart from consumption of basic necessities such as food She says. And the 50% of French people who planned to continue investing their money after confinement declared that they did so on a Livret A or Sustainable Development passbook, savings products available. Note that a large part of them (39%) had not yet decided which financial investment they would favor after confinement.
Investment in real estate, big winner
The second major trend of this study confirms, among the French, a desire to achieve a financial investment in real estate. They are 18% in this case, of which a third are relatively young (aged 25 to 35). ” This is a fairly rare trend and all the more important since it occurs in the face of stock market or life insurance type financial investments, which are very popular, but also very dependent on the stock markets, and currently under stress. “, Specifies Sigrid Duhamel.
The French have a real desire to invest in stone, a safe bet that reassures in these times of crisis. In detail, the desired financial investments in real estate will first concern the rental and residential sectors. Sigrid Duhamel explains that this true trend is not surprising. ” We note in the results a strong interest for investments in paper stone (12%), potentially 800,000 French people, based on the sample used for the survey. I think that this trend is in fact explained by the solid and resilient model in times of crisis that the SCPIs represent. The possibility of investing in a diversified way has become much simpler and accessible, for example, at BNP Paribas REIM, we offer in a few clicks the possibility of investing in SCPI or OPCI ”