Contribution à un site web
Real estate boom and French corporate investment
Eco Notepad (blog)
real estate assets, firms investment, real estate prices
The boom of the 2000s in France stimulated investment by firms with significant real estate holdings (positive collateral channel). Conversely, it was unfavourable to investment by younger firms, with fewer holdings, because of the induced cost (negative profit channel), which justifies the current attention given to the financing of SMEs.