conditions late 2003, the French national heritage was established for two-thirds by the housing and land and a quarter of machinery and equipment.
REAL ESTATE has greatly enriched the French over the past decade. Between 1995 and 2003, housing prices increased by 80%. And as real estate is almost three-quarters of households that own their wealth increased by 82% over the period, according to figures released yesterday by the INSEE. Added to that the 2.5 fold increase in stock prices over the same period, their assets totaled 6,351 billion euros. He "is now over six years of gross disposable income, against 4.5 years for the period 1995-1997," notes the statistical institute.
More and more subject to the ISF
This has logically coincided with "an increase in the number of households paying the solidarity tax on wealth (ISF), which reached almost 300 000 households end of 2003, or 70% more than in 1995.
The French now hold 77% of the national heritage. This was late 2003 to 8244 billion euros - "More than five years of gross domestic product" French - an increase of 73% between 1995 and 2003, while GDP only increased by 33%. Three quarters of this increase can be explained by the increased value of land and built houses. The lands represent 35% of national wealth, housing 32% and other buildings and engineering works 17%, the remainder consisting of machinery and equipment, inventories and intangible assets (patents, goodwill ... ). If households hold most of the homes, the companies machinery and equipment. The heritage of non-financial corporations amounted to 1 220 billion in 2003 (14.8% of national wealth), the financial corporations 365 billion (4.4%).
The Wealth of government is, meanwhile, estimated at 308 billion, or 3.7% of national wealth. Local governments have essentially non-financial assets while the central government holds a majority of financial assets.
source: lefigaro.fr
0 comments:
Post a Comment