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Prague Press Release

             I         

            Union Internationale de la Propriété Immobilière

 

                        Paris, 1923 - Statut consultatif de l’UNESCO et du Conseil de l’Europe

 

                 info@uipi.com      http://www.uipi.com

 

Brussels Office: Salvatore Conte, Galerie du Centre, Bloc II , Bur. 216-217,

Rue des Fripiers  17, 1000. Tel  218 62 68  Fax : 218 18 07, contesalva@skynet.be
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Press Release

Prague, May 17, 2002

Rent de-regulation urgently needed.

 

 

The international Union for Private Real Estate (U.I.P.I.) appeals to the Governments of all European countries to work out a structural program for rent de-regulation.

 

In most European countries still exists a rent legislation which is ineffective and not serving

anymore the aim of an adequate supply of houses for lower income groups.

Market research in several European countries shows that these forms of rent regulation

disturb the market forces, leading to a lack of investments in Real Estate.

 

The U.I.P.I. supports the idea that a certain financial protection should be given to lower

income groups in order to make housing accessible for them, but, at the same time, establish the fact most forms of rent regulation in the European countries are not the adequate and

modern answer to this problem.

 

 

The U.I.P.I. also urgently calls upon the Governments of the Eastern European countries

to give high priority to the reprivatisation of Real Estate for private house and property owners in order to get a clear and efficient market situation as soon as possible.

The uncertainties in this field frustrates the necessary renovation and renewal of

buildings in these countries.

 

 

 

       The President                                                                           The Secr. General

                                           The President of the Rentals Committee

                       

 

  Henny Van Herwijnen                      Tom Simecek                         Stratos Paradias

h.vanherwijnen@planet.nl                   simecek@fzu.cz                       pomida@otenet.gr




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