Nantes

Country

Population

303,382

Renting

3 Things...

1. Nantes is known for its historical connection to the shipbuilding industry, and it was once one of the largest ports in France, playing a crucial role in the Atlantic slave trade. 2. The city is home to the famous Les Machines de l'île, an artistic project that combines the worlds of Jules Verne and the mechanical creations of Leonardo da Vinci, featuring giant moving machines like the Grand Éléphant, which can carry up to 50 passengers. 3. Nantes was awarded the title of "European Green Capital" in 2013, recognizing its efforts in sustainability and urban ecology, including extensive green spaces and initiatives to reduce carbon emissions.

Inspiring Projects

Zellige

Unlisted Orgs

Population (AI)

320,000

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Last edited

Sep 30, 2024 6:49 PM

Category

Local programs

Housing Market

The current situation of the housing market in Nantes, France, reflects broader European trends. Approximately 30% of EU residents rent their homes, with the remaining 70% owning them. In France, homeownership rates are lower than the EU average, with around 57% of residents owning their homes. Nantes is facing a housing crisis characterized by shortages and escalating rents. To address this, the city is implementing various measures to support affordable housing. Public, cooperative, and social housing providers are playing a crucial role, with efforts focused on the fair energy transition and reducing energy consumption. For instance, housing cooperatives in Italy have set up solidarity funds to support residents struggling with increasing energy bills. Additionally, the city is leveraging EU resources from Resilience and Recovery Funds to finance housing projects, although high construction and renovation costs remain a challenge. These initiatives aim to improve housing affordability and sustainability, aligning with the broader European goal of ensuring decent housing for all.

Further Actors?

Cooperatives

In Nantes, France, housing cooperatives play a significant role in providing affordable and community-oriented housing options. The city has a strong presence of social housing experts and organizations, such as l'Union Sociale pour l'Habitat, which promotes social housing and cooperative living through large congresses and exhibitions. While specific market share data for housing cooperatives in Nantes is not readily available, the city actively supports and promotes cooperative housing through various initiatives. New housing cooperatives have emerged in recent years, such as the European Housing Coop, which aims to create a pan-European network of cooperative housing projects focusing on repurposing existing spaces and promoting sustainable living. The city's emphasis on collaboration and community-driven projects fosters an environment conducive to the growth of housing cooperatives.