Corsica, the big gap between speculation and poverty

A tax against big speculation

“Corsica, a very attractive territory, has gained 40,000 inhabitants in ten years – not by increasing the population – and has seen the construction sector progress by 120% in twenty years but two thirds of islanders live in municipalities without documents of town planning ”, tackle Antonia Luciani, geographer and spokesperson for Femu a Corsica. If the nationalist mandate wants to increase financial support for municipalities which impose, in particular, quotas on promoters for first-time buyers at prices below the market, the Simeoni clan was aiming for a top exit with the legislative vehicle.

But the bill tabled by the nationalist deputy Jean-Félix Acquaviva (attached to the Libertés et Territoires group), which had nevertheless been able to obtain a majority at the Palais-Bourbon, could not emerge from the parliamentary niche on April 8, drowned by an overloaded agenda.

The deputy for the second constituency of Haute-Corse proposed, in particular, to levy a tax against large speculation of 0.1% to 1% of the market value on second homes for the benefit of the Collectivité de Corse (CDC), which could also use its right of pre-emption to acquire land.
“Family, undivided and property less than 350,000 euros should be excluded from the tax”, detailed to the World Mr. Acquaviva, arguing that he wants to apply
“A flat rate of 5% on capital gains”.

A fierce opponent of this measure, the deputy for the first constituency of Corse-du-Sud Jean-Jacques Ferrara (The Republicans) sees it as the Trojan horse of the status of Corsican resident, one of the oldest demands made by the nationalists and broken, for the time being, by the constitutional pitfall.
“Drafting a bill to fight real estate speculation was ambitious, but then why not propose it for the rest of France? “, he said, citing the Ile de Ré, the Basque Country, the Côte d’Azur where the situations are similar.

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