Saturday, February 28, 2015

Sylvia Pinel finds a software doping the number of housing – BBC

The Housing Ministry announced Friday the results of a comprehensive reform of its methods of calculation. 346,000 new homes “forgotten” since 2000 have been suddenly found.

François Hollande, who has failed to keep its promise to build 500,000 homes per year (starts peaked at 298,000 in 2014, according to statistics released in late January), he shall be saved by a change in method of calculation? The Housing Ministry announced Friday the results of a comprehensive reform of its methods of calculation. 346,000 new homes “forgotten” since 2000 have been suddenly found. The administration has thoroughly reviewed the production of official statistics, as she felt that the old method of calculation, based on a rise of starts, largely underestimated reality.

New indicators of “enriched collection of statistical data in real time” have been set up by the services of Sylvia Pinel, the Minister of Housing. This change resulted in a dramatic upward revision of data in recent years. For the single year 2014, almost 58 600 new buildings were added to the initially recognized figures, bringing to 356 000. They totaled 69,900 in 2013, 52,400 in 2012, 68,900 in 2010 and 1,500 in 2011. In total, since 2000, the deficit would reach 346,000 units.

This discovery comes after a critical burst on the ineffectiveness of building policy of the government. However, it remains far from its objectives, and it has also not taken advantage of his find to enhance them. Former Housing Minister Nicolas Sarkozy, Benoist Appeared, emphasized the political dimension of this review. On the ground, the real estate professionals are shared. The French Building Federation welcomed the government’s initiative and welcomed a “coherence found.” Promoters are themselves surprised by this sudden virtual flight, especially as the housing is sinking into crisis. The figures for January, produced with the new method, do not leave room for doubt: over-year, the number of housing starts down 11.6% to 352 900. It still missing nearly 150,000.

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