DECRYPTION – Delays affect refunds for individuals who put money into real estate crowdfunding projects
Galloping inflation, delivery delays, risk to the financial health of certain promoters… the cocktail that worries the real estate sector also threatens to cause thousands of savers to lose money. Indeed, more and more of them are investing online in real estate projects, via crowdfunding platforms.
The principle: bet a few hundred or thousand euros in a real estate project alongside a developer or a property dealer, and share the profits once the homes are sold. For a long time, this investment was a martingale, offering almost 10% yield and displaying few defaults. This is no longer the case. Delivery delays of more than six months have soared since January. They have gone from 6 to 11% of total building sites.
Read alsoThe astonishing success of real estate crowdfunding
The Covid explains the explosion of deadlines. All the projects launched in 2020 have been delayed. Added to this are the difficulties of the building (rise in the price of materials, labor shortages, etc.)
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