Categories: Economy

Rental Fraud Rises in High Demand Areas: Study Reveals Alarming Increase in False Documents Presented

Rental fraud is on the rise in areas with high demand, according to new research by Guy Hoquet Network. Between 2021 and 2023, there was a 30% increase in the number of false documents being presented. In Paris and the inner suburbs, over one in five rental files are affected, as reported by Imodirect, an online rental management platform. This is a 15% increase compared to 2022.

While rental fraud is less prevalent in other regions (affecting one in eight rental files), there has still been a significant 30% increase compared to 2022. Antoine Marck, Director of Imodirect, highlighted the challenging situation caused by competition intensifying due to potential buyers being unable to purchase properties and remaining in the rental market for longer periods. Previously, rental tension was primarily focused on studios but now this trend is also impacting T2 and T3 properties.

Samantha Johnson

As a dedicated content writer at newseeped.com, I thrive on transforming ideas into captivating narratives that engage and inform our readers. With a passion for storytelling and a keen eye for detail, I craft articles that resonate with our audience and help amplify our platform's impact. My background in journalism and creative writing allows me to blend authenticity with flair, ensuring each piece I produce is not only informative but also compelling. I am honored to be part of a team that values quality content and am excited to continue contributing to our mission of delivering top-notch news coverage to our readers.

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