Rent reference index - 2005 law

Sources
Dernière mise à jour le : 18/07/2017

Présentation de l'opération

Organisme producteur :

Insee. Direction des statistiques d'entreprises (DSE)

Type d'opération :

Prices Index

Objectifs :

The purpose of the rent reference index (IRL) is to guarantee tenants rent increases in proportion to the changes in their purchasing power and landlords the maintaining of a high level of upkeep, as well as not dissuading them from investing in rental housing.

Champ de l'opération

Champ géographique :

Metropolitan France

Caractéristiques techniques

Périodicité de l'opération :

Quarterly

Historique :

The rent reference index came into force on January 1, 2006.

Article 35 of law n° 2005-841 of July 6, 2005 relating to the development of personal services and introducing a range of measures in favour of social cohesion, stated that the rent reference index replaced the related mobile mean on four quarters of the cost-of-construction index as the reference for the revision of rents for ongoing leases in private rental housing stock.

Rent reference index decree n° 2005-1615 of December 22, 2005 established the terms and conditions for its calculation and publication. Article 163 of the finance law for 2006 set its effective date as January 1, 2006.

The IRL was calculated with this definition until the 3rd quarter of 2007. Law n° 2008-111 of February 8, 2008 changed the definition of the rent reference index to be taken into account for the revision of residential rents

Méthodologie :

The 2005 law IRL was calculated as the weighted sum of indices representative of consumer price trends (CPI excluding tobacco and rent), the cost of maintenance and improvement work borne by landlords (IPEA) and the cost-of-construction index (ICC).

2005 law IRL = 60% mIPCL + 20% mIPEA + 20% mICC.

Voir aussi :