Dans un rapport publié en 2018, la Cour des comptes s’en prenait violemment aux dispositifs d’investissement locatif qu’elle jugeait inefficaces et très coûteux pour l’État. Pour tenter de démontrer que les hauts magistrats de la rue Cambon n’avaient peut-être pas pris en compte toutes les données du problème, huit organisations professionnelles représentant la filière de l’immobilier ont commandé une étude au cabinet indépendant PrimeView. Une étude dont les résultats viennent d’être dévoilés.
Après avoir mesuré l’ensemble des coûts et des recettes générés par la construction de logements, l’étude montre que ces dispositifs d’incitation à l’investissement immobilier rapportent plus qu’ils ne coûtent. Ainsi, la construction de 724 000 logements neufs via les dispositifs d’incitation fiscale entre 1999 et 2018 devrait rapporter 18,2 milliards d’euros à l’État, soit un gain d’environ 25 100 € par logement neuf construit. Pour le seul dispositif Pinel, 188 000 logements produits en 4 ans ont généré 4 milliards d’euros de recettes pour les finances publiques.
Par ailleurs, l’étude démonte l’idée (assez répandue) selon laquelle les aides à l’investissement locatif auraient pour conséquence de faire monter les prix de l’immobilier en France. Au contraire, PrimeView a constaté, sur un échantillon de 33 000 actes de vente, que les prix de vente des logements neufs construits depuis le dispositif Besson en 1999 ont évolué de pair avec les prix du neuf en général. De même, il n’a pas été constaté une augmentation des loyers des logements neufs créés via ces dispositifs, qui serait supérieure à celle des loyers en général en France depuis 20 ans.
Enfin, les auteurs de l’étude émettent une alerte. Si, d’aventure, ces dispositifs étaient abandonnés par les pouvoirs publics, la production de logements, l’emploi et les finances publiques pourraient fortement en pâtir. Et sans coup de pouce fiscal, les investisseurs se détourneraient de l’immobilier au profit de supports d’investissement plus liquides et moins fiscalisés. Ce qui se traduirait par une chute de 80 % du nombre d’investisseurs potentiels.
oral tadalafil order tadalafil 5mg pills best ed drug
buy absorica accutane order zithromax 250mg us
purchase azipro pills order omnacortil 40mg pills gabapentin 600mg without prescription
furosemide for sale online order albuterol generic cost albuterol
generic levitra 10mg tizanidine for sale hydroxychloroquine tablet
order ramipril 10mg altace 10mg generic order generic arcoxia
brand mesalamine 800mg avapro 150mg drug buy generic avapro 150mg
benicar ca buy depakote no prescription buy depakote without a prescription
lanoxin 250 mg drug order telmisartan molnunat order online
order generic naprosyn 500mg order prevacid 15mg pill where to buy prevacid without a prescription
purchase proventil online cheap order albuterol sale buy phenazopyridine pill
montelukast over the counter purchase singulair pill buy avlosulfon for sale
order norvasc 10mg online cheap amlodipine 5mg usa prilosec pills
adalat 30mg tablet order adalat without prescription allegra 180mg usa
dapoxetine 30mg generic cost dapoxetine 60mg buy xenical for sale
order metoprolol 100mg without prescription how to buy metoprolol buy methylprednisolone 16mg online
order diltiazem pills acyclovir 400mg cheap where to buy zyloprim without a prescription
buy crestor 20mg generic buy ezetimibe 10mg without prescription buy domperidone 10mg generic
purchase ampicillin pill order ciprofloxacin 1000mg flagyl drug
buy sumycin without prescription order cyclobenzaprine 15mg for sale buy baclofen no prescription
buy bactrim for sale cephalexin us clindamycin usa
buy ketorolac pills for sale toradol canada buy generic propranolol online
buy erythromycin 250mg erythromycin price order nolvadex 10mg generic
order clopidogrel 150mg sale coumadin generic coumadin 2mg generic
order rhinocort ceftin 250mg over the counter careprost nasal spray
topiramate online buy purchase levofloxacin generic buy levaquin tablets
methocarbamol cost sildenafil 50mg pill suhagra online
dutasteride for sale buy ranitidine 150mg buy meloxicam pills for sale
buy aurogra 100mg for sale aurogra for sale buy estrace pills
purchase celebrex cheap celebrex 100mg order ondansetron without prescription
buy lamotrigine 50mg order minipress 1mg pills buy prazosin for sale
spironolactone 25mg sale buy spironolactone 100mg without prescription valacyclovir pills
propecia 1mg cheap proscar 1mg price viagra without prescription
tadalafil 5mg for sale order viagra sale viagra 100mg pill
tadalafil order diflucan cheap buy ed pills paypal
terbinafine order online buy cheap cefixime order amoxicillin 250mg pill
buy generic azulfidine 500 mg buy azulfidine 500 mg pill verapamil 240mg price
antivert 25mg canada buy minomycin order minocin 100mg online cheap
buy imuran cheap azathioprine uk telmisartan 80mg oral
buy molnunat pills for sale generic naprosyn 500mg order omnicef 300mg generic
order lansoprazole 15mg generic brand protonix 40mg pantoprazole usa
best otc ed pills viagra mail order us cost cialis
buy pyridium pill order generic amantadine 100 mg order symmetrel online cheap
buy erection pills order cialis 5mg without prescription cialis pills 20mg
dapsone 100 mg us order aceon 8mg generic aceon 4mg for sale
order fexofenadine 120mg sale purchase amaryl generic buy glimepiride 4mg generic
buy hytrin 1mg generic arava ca tadalafil 10mg sale
cost etoricoxib mesalamine 400mg over the counter order astelin 10 ml nasal spray
avapro 300mg us order buspirone 10mg pills order buspar 10mg sale
amiodarone 100mg cheap buy amiodarone pill phenytoin medication
purchase albendazole generic buy provera pill medroxyprogesterone cheap
purchase oxytrol generic amitriptyline medication order alendronate generic
buy praziquantel medication purchase periactin online how to get periactin without a prescription
nitrofurantoin 100 mg pill nortriptyline 25 mg brand buy pamelor without a prescription
order luvox 50mg for sale cymbalta canada buy generic duloxetine
anacin 500mg brand famotidine pill order pepcid pill
order glipizide online glipizide sale betamethasone 20 gm drug
buy clomipramine pill buy progesterone generic order prometrium 200mg
buy cheap tacrolimus prograf ca requip 1mg brand
purchase tindamax pills buy tinidazole 500mg pill nebivolol 5mg price
generic rocaltrol 0.25mg buy trandate paypal brand fenofibrate
order diovan without prescription oral clozapine 50mg generic combivent
order generic trileptal 300mg buy actigall without prescription buy urso generic
where can i buy zyban order bupropion 150 mg pills generic strattera 25mg
order capoten 25mg for sale atacand without prescription purchase carbamazepine online cheap
ciprofloxacin 500mg price order ciplox online cheap oral duricef 250mg
buy seroquel pills for sale seroquel 100mg ca buy cheap generic escitalopram
buy epivir generic retrovir buy online buy generic accupril for sale
order prozac 20mg pill order fluoxetine 40mg without prescription purchase femara for sale
order frumil for sale clindamycin order purchase zovirax
buy zebeta generic buy bisoprolol 5mg online cheap buy cheap generic terramycin
valaciclovir 500mg cheap cheap cotrimoxazole 960mg ofloxacin drug
cefpodoxime 200mg canada vantin 100mg cheap purchase flixotide without prescription
buy keppra 500mg sale order tobramycin sale sildenafil fast shipping
buy cialis viagra 100mg over the counter buy viagra pill
buy ketotifen 1mg pills imipramine 75mg ca buy imipramine generic
buy generic minoxidil over the counter order tamsulosin 0.2mg pill best ed pill
buy generic acarbose 50mg order griseofulvin 250mg online cheap purchase griseofulvin sale
order aspirin 75 mg generic purchase zovirax online cheap imiquad usa
buy meloset 3mg for sale order desogestrel generic danazol 100mg uk
order dipyridamole 100mg pill buy gemfibrozil 300mg for sale buy pravachol online
purchase dydrogesterone sale buy dapagliflozin 10 mg generic buy empagliflozin 25mg
order florinef 100mcg online cheap fludrocortisone 100mcg us buy imodium paypal
monograph 600mg canada order generic pletal pletal 100mg sale
buy generic prasugrel online prasugrel pills buy detrol online
order ferrous sulfate online cheap buy ascorbic acid 500 mg without prescription buy betapace online cheap
pyridostigmine where to buy order mestinon 60 mg online buy maxalt 5mg
vasotec 10mg sale how to get duphalac without a prescription purchase duphalac generic
xalatan order online latanoprost us order rivastigmine 3mg generic
order omeprazole 10mg generic montelukast 10mg brand buy lopressor online cheap
buy generic micardis for sale order telmisartan 20mg online cheap buy molnunat 200mg pill
us cialis tadalafil drug purchase viagra online cheap
cenforce 50mg generic cenforce 50mg drug chloroquine price
provigil 100mg pills phenergan order deltasone sale
buy cefdinir 300 mg online glycomet pill purchase lansoprazole without prescription
azipro usa prednisolone order gabapentin over the counter
order atorvastatin 80mg without prescription norvasc 5mg pills cost norvasc
crazy poker games roulette game furosemide 100mg without prescription
order protonix online cheap prinivil order online order pyridium pills
free roulette online best antihistamine for runny nose ventolin over the counter
online roulette game online gambling real money stromectol for sale
symmetrel 100mg pill atenolol 100mg uk buy dapsone 100 mg generic
serophene cost buy azathioprine 25mg sale imuran 25mg for sale
medrol 4 mg over the counter triamcinolone 10mg tablet buy aristocort 10mg
buy phenytoin 100mg online cheap buy flexeril sale buy cheap oxybutynin
aceon 8mg ca coversyl price buy generic fexofenadine 180mg
purchase baclofen generic elavil medication order generic toradol
loratadine 10mg sale altace ca order priligy 90mg generic
oral baclofen 25mg buy toradol cost ketorolac
alendronate online order order fosamax online cheap macrodantin 100mg cost
order inderal 10mg pill purchase inderal pill clopidogrel 75mg tablet
buy nortriptyline 25mg methotrexate 2.5mg cheap how to buy acetaminophen
order glimepiride 4mg pills buy amaryl 1mg generic etoricoxib 60mg pills
order generic coumadin 5mg buy warfarin 2mg reglan 10mg for sale
order xenical 60mg online diltiazem pills diltiazem cost
famotidine over the counter buy losartan paypal where to buy tacrolimus without a prescription
azelastine 10 ml cost buy acyclovir 400mg avapro sale
cheap nexium 40mg buy nexium capsules order topiramate generic
order allopurinol 300mg sale allopurinol 100mg generic crestor sale
ranitidine 150mg usa celecoxib usa celecoxib 100mg brand
buspin tablet zetia where to buy cordarone medication
flomax order online order zocor 10mg generic order zocor 20mg online
buy generic motilium cost motilium 10mg buy generic sumycin for sale
order aldactone 25mg online generic aldactone order propecia 1mg sale
buy diflucan 200mg without prescription ampicillin buy online buy cipro cheap
buy generic aurogra 50mg cheap estrace purchase estrace pill
flagyl 400mg without prescription purchase bactrim sale buy generic keflex 500mg
lamictal oral buy nemazole sale buy vermox pills
order cleocin online cheap buy cheap cleocin can you buy ed pills online
buy tretinoin tablets purchase tadalis generic where to buy stendra without a prescription
tadacip 10mg canada cost tadacip 10mg buy generic indocin 50mg
trazodone 50mg for sale suhagra 100mg usa buy generic clindamycin
buy terbinafine 250mg pill order terbinafine blackjack free
buy aspirin 75mg sale buy generic aspirin for sale casino games online
help with research paper thesis proposals buy generic cefixime over the counter
websites to write essays gambling online casino near me
amoxicillin pills arimidex price generic biaxin 250mg
rocaltrol uk buy trandate sale order tricor 200mg pill
buy clonidine sale catapres pill spiriva buy online
list of acne medications pills to clear acne buy trileptal 300mg
buy alfuzosin without a prescription best allergy medicine without antihistamine best prescription drug for nausea
minocycline 100mg oral minocin for sale order requip pill
online sleep medication perscriptions prescription weight loss medication qsymia online contrave weight loss clinics
buy letrozole 2.5 mg without prescription buy abilify generic order aripiprazole 30mg pills
medroxyprogesterone sale medroxyprogesterone brand hydrochlorothiazide 25 mg tablet
best otc for genital herpes cheapest inhaled steroid for asthma diabetic pill medicine
buy periactin tablets order nizoral ketoconazole order online
fungus clear reviews vitality health diflucan without a script blood pressure medicine alphabetically
purchase duloxetine pills brand glipizide order modafinil 200mg generic
are tums good for gastritis types of urinary bacterial infections common bacteria that cause uti
purchase promethazine generic buy promethazine generic ivermectin for humans
abortion clinic online appointment same day birth control prescription solution for premature ejaculation naturally
brand prednisone 40mg amoxil 500mg price order amoxicillin pills
popular antacids brands strongest antacid over counter antiflatulent drug names
buy azithromycin no prescription buy zithromax 500mg generic neurontin 600mg brand
oral actigall buy actigall 300mg generic buy generic cetirizine over the counter
purchase strattera pills order quetiapine pill buy sertraline for sale
lasix 40mg oral order generic vibra-tabs albuterol pill
buy augmentin 625mg clavulanate usa where to buy clomid without a prescription
ipratropium drug ipratropium order online order linezolid 600mg pills
vardenafil 10mg pills tizanidine where to buy plaquenil 400mg generic
carbamazepine 200mg price buy lincomycin tablets order lincomycin pill
brand cenforce 50mg chloroquine price metformin over the counter
duricef oral buy ascorbic acid cheap how to get lamivudine without a prescription
buy atorvastatin pills for sale order lisinopril 2.5mg pills order lisinopril 10mg sale
order cabergoline 0.5mg sale loratadine without prescription dapoxetine 90mg uk
misoprostol usa how to get diltiazem without a prescription buy generic diltiazem over the counter
order generic nootropil buy generic piracetam order clomipramine 50mg without prescription
buy acyclovir 400mg generic acyclovir cheap crestor over the counter
buy sporanox online cheap buy tinidazole pills tindamax 300mg sale
order olanzapine 10mg pills buy valsartan 80mg generic buy valsartan 160mg online cheap
order colchicine pills buy plavix paypal buy methotrexate
allergy pills prescribed by doctors buy clarinex paypal allergy medication without side effects
can gerd be cured permanently buy rulide 150mg generic
buy sleeping meds online buy phenergan for sale
buy generic deltasone order prednisone 5mg generic
best acne medication for men deltasone over the counter how to get rid of body acne fast
best tablet for stomach pain purchase amaryl pills
accutane without prescription order isotretinoin 20mg online buy accutane 40mg pills
order amoxicillin generic amoxil 1000mg ca order amoxil online cheap
sleep aids prescription drugs order provigil 200mg without prescription
azithromycin 500mg pill azithromycin 250mg oral buy azithromycin paypal
buy gabapentin 800mg for sale neurontin 100mg cheap
buy furosemide pills diuretic lasix 100mg usa
purchase omnacortil without prescription order prednisolone 5mg sale order omnacortil 10mg pill
amoxicillin 1000mg brand cheap amoxicillin sale where to buy amoxicillin without a prescription
doxycycline 200mg pills monodox order
albuterol buy online oral albuterol albuterol pills
levothyroxine oral order synthroid 75mcg generic levoxyl pills
purchase levitra pill levitra drug
order tizanidine pill buy generic tizanidine online cheap tizanidine 2mg
clomiphene 100mg usa clomiphene 100mg ca serophene online
prednisone pill deltasone drug deltasone 10mg brand
rybelsus 14 mg without prescription buy semaglutide 14mg without prescription buy rybelsus 14mg online cheap
buy isotretinoin 20mg for sale cheap accutane 40mg order generic accutane
rybelsus where to buy rybelsus 14 mg for sale order rybelsus generic
order amoxicillin 250mg generic order amoxicillin pill buy amoxicillin pill
buy albuterol 4mg online buy antihistamine pills onlin order albuterol inhaler
generic zithromax where to buy zithromax without a prescription buy zithromax paypal
augmentin 625mg pill order augmentin 625mg online oral augmentin 1000mg
omnacortil 5mg price prednisolone 5mg canada order omnacortil 40mg pills
cheap levothyroxine pills order synthroid sale purchase levothroid generic
buy generic gabapentin 600mg neurontin 600mg generic cost gabapentin
order clomiphene 50mg pill clomiphene price serophene order
viagra 100mg canada sildenafil professional cheap viagra pill
buy doxycycline buy doxycycline generic brand monodox
buy rybelsus generic buy semaglutide medication order semaglutide 14mg generic
online gambling money sports gambling slots casino world poker online
levitra tablet order vardenafil 10mg generic levitra 20mg ca
pregabalin pill order pregabalin 75mg for sale oral pregabalin 150mg
order hydroxychloroquine 400mg generic plaquenil 400mg sale hydroxychloroquine 400mg sale
online zithromax
buy desloratadine sale desloratadine drug order desloratadine 5mg sale
cialis walmart tadalafil 20mg pill cialis ca
cenforce online order cenforce generic cenforce over the counter
buy claritin 10mg purchase loratadine pill claritin us
chloroquine 250mg usa oral chloroquine 250mg aralen 250mg cost
priligy 30mg over the counter buy misoprostol 200mcg pill buy generic cytotec
metformin benefits
xenical order online how to buy xenical diltiazem without prescription
furosemide pediatric dose
zoloft benefits
zovirax price buy acyclovir pills for sale purchase allopurinol online
flagyl vs amoxicillin
lisinopril drug
buy norvasc generic buy amlodipine 10mg without prescription norvasc order
lasix and hyponatremia
glucophage dosage
oral crestor 10mg purchase ezetimibe sale order zetia 10mg sale
lisinopril 2.5mg cheap order lisinopril without prescription purchase zestril for sale
gabapentin dosage for anxiety
domperidone price oral motilium 10mg order sumycin 250mg sale
zithromax allergies
how long do amoxicillin side effects last
omeprazole 10mg canada order omeprazole 20mg online cheap brand omeprazole 20mg
gabapentin for dogs side effects
buy flexeril 15mg online cheap order cyclobenzaprine online where to buy ozobax without a prescription
escitalopram and ibuprofen
cephalexin for dog uti
lopressor 50mg us cost lopressor buy lopressor 100mg for sale
drinking on ciprofloxacin 500 mg
toradol cost buy toradol online cheap order colcrys sale
buy tenormin no prescription order tenormin 100mg for sale cheap tenormin 50mg
cephalexin side effects for dogs
depo-medrol medicine buy medrol 8mg online buy methylprednisolone cheap
order inderal 10mg without prescription order inderal 10mg pill buy generic clopidogrel online
write my term paper best website for writing essays edit letter
keflex and bactrim
keflex vs bactrim
amoxicillin-pot clavulanate 875-125 mg
buy generic reglan over the counter brand cozaar 50mg cozaar cheap
nexium 20mg uk topamax order buy topamax 200mg sale
buy flomax 0.4mg generic buy flomax 0.2mg buy generic celecoxib for sale
neurontin dose for adults
escitalopram long-term side effects
buy sumatriptan 25mg buy generic levofloxacin over the counter order levaquin 500mg without prescription
order generic ondansetron ondansetron 8mg pill purchase aldactone pill
avodart 0.5mg tablet dutasteride over the counter ranitidine generic
cozaar package insert
order buy amoxicillin generic amoxicillin pill
ddavp preop
order propecia online propecia pills purchase fluconazole online cheap
depakote labs
buy baycip online cheap – order keflex 500mg online cheap order amoxiclav pill
citalopram classification
a healthcare professional is caring for a patient who is about to begin taking losartan (cozaar)
ddavp buy uk
buy flagyl paypal – order azithromycin 500mg order azithromycin 500mg pills
purchase ciplox sale – cheap doxycycline without prescription erythromycin 250mg price
depakote dr
augmentin renal dosing
ezetimibe combination therapy
buy ivermectin canada – brand amoxiclav order sumycin for sale
diltiazem hydrochloride 240 mg
diclofenac tablet
where to buy flomax
can i take effexor in the morning and trazodone at night
metronidazole 400mg cost – terramycin 250 mg generic buy azithromycin 500mg
buy ampicillin acillin where to buy amoxicillin tablet
price of contrave in canada
flexeril mg
allopurinol and lisinopril
amitriptyline for ic reviews
aspirin pharmacological class
order metformin 500mg online cheap – cefadroxil usa buy lincocin 500mg online cheap
generic aripiprazole
buy zidovudine online pill – epivir 100mg canada allopurinol 300mg uk
what is celebrex for
what can you not take with bupropion
order clozaril 50mg sale – order altace 5mg online cheap buy famotidine 40mg pill
augmentin 875/125
baclofen 20
buspirone interaction with xanax
buy quetiapine 50mg for sale – seroquel 50mg oral eskalith canada
celexa and birth control
purchase anafranil sale – remeron 15mg drug doxepin us
ashwagandha supplements
buy generic hydroxyzine 10mg – buy endep pills amitriptyline order online
order augmentin 625mg pills – clavulanate tablet cipro 500mg price
amoxil us – order generic cefuroxime 250mg buy ciprofloxacin for sale
actos bloating
abilify ruined my life
acarbose indications
semaglutide 6 months
what is remeron
cleocin online buy – order vibra-tabs pills chloromycetin over the counter
repaglinide elderly
buy generic azithromycin 500mg – zithromax 250mg brand ciprofloxacin 500mg generic
what is protonix
robaxin 750 mg
ivermectin 12mg – purchase cefaclor for sale cefaclor 500mg usa
methylprednisolone 16 mg pills – claritin cheap cheap azelastine 10 ml
synthroid oxycodone
is sitagliptin a glp-1
spironolactone rosacea
micronase 2.5mg generic – brand actos purchase dapagliflozin online cheap
synthroid pap
tamsulosin.drugs.com
voltaren gel strengths
tizanidine vs flexeril
glycomet 1000mg generic – buy acarbose 50mg without prescription purchase precose pills
buy repaglinide 1mg online cheap – empagliflozin cheap empagliflozin where to buy
venlafaxine xr side effects
zyprexa mood stabilizer
generic zetia
zofran blue cross
terbinafine 250mg for sale – lamisil order grifulvin v oral
generic semaglutide – cost glucovance where can i buy DDAVP
zyprexa eli lilly
how long does wellbutrin take to work for anxiety
dose of pediatric zofran
ketoconazole 200 mg pill – sporanox uk purchase itraconazole without prescription
digoxin pill – irbesartan 300mg us brand furosemide 40mg
hydrochlorothiazide 25 mg canada – microzide 25 mg oral order zebeta generic
order metoprolol 100mg for sale – losartan 25mg canada order adalat pill
cialis discount coupons
п»їlevitra
order nitroglycerin pills – buy generic combipres for sale buy generic diovan 80mg
cialis canada pharmacy
levitra es peligroso
zocor simple – tricor trick atorvastatin higher
crestor online agony – pravachol buy stalk caduet online tempt