1. Wine Capital: Bordeaux is not only famous for its wines but is also recognized as one of the world's major wine capitals, hosting the Cité du Vin, a unique cultural facility dedicated to the world of wine, where visitors can learn about the history, culture, and geography of wine production. 2. UNESCO World Heritage Site: The city of Bordeaux was designated a UNESCO World Heritage Site in 2007 for its outstanding urban and architectural ensemble, which reflects the 18th-century Enlightenment ideals. It is renowned for its well-preserved classical and neoclassical buildings. 3. Tram System: Bordeaux boasts one of the most modern tram systems in Europe, with a unique design that integrates seamlessly into the city’s historical architecture. The trams are powered by ground-level electricity, making them environmentally friendly and visually unobtrusive.
The housing market in Bordeaux, France, is experiencing a significant crisis. The city is not suffering from a lack of land but rather from the inefficiency in using available land for housing development. Development operations, which now dominate housing production, are characterized by lengthy planning and decision-making processes, leading to delays and increased costs. This has resulted in soaring housing prices, making it difficult for young households to purchase homes. Approximately 70-80% of new housing units are acquired by investors, not owner-occupiers, exacerbating the issue. To address this, the city is focusing on creating affordable homeownership opportunities. Studies have shown that only 15% of households in Bordeaux have incomes sufficient to purchase new housing. The city is working to improve the conditions for affordable homeownership, particularly for young families, and is exploring ways to streamline development processes to increase the supply of affordable housing. Additionally, the city is aware of the need to balance housing development with sustainability and energy efficiency, aiming to support residents and communities in coping with the cost of living crisis.