Number of residents in Paris declines due to various factors

The population of Paris is experiencing a decline, driven by several factors, according to a report by Apollo. The decrease in residents is attributed to issues such as affordability, limited new construction, the rise of short-term rentals, and the conversion of residential units into office space. Additionally, the increase in second homes, often owned by international buyers, is contributing to this trend.

This demographic shift reflects ongoing challenges within the city"s housing market. As previously reported, the combination of these factors is reshaping the living landscape in Paris, impacting both local residents and the overall economy.

For more on economic trends, see recent developments regarding global trade.