Category: Paris

Bon viager: Part 2, Synthesis of family

28 July, 2015 (10:00) | Annuity, Apartments, Elderly, Escheat, Homeownership, Housing, Innovations, Mortgages, Paris, Rental, Tenure | No comments

[Continued from yesterday’s Part 1.] By: David A. Smith In exploring the en viager model of tenure, prompted by a story on BBC News (1 July 2015), we’ve established that en viager, aside from being an antiquated legal form that survives in French law (and is enjoying a revival driven by demography), also creates a […]

Bon viager: Part 1, Synthesis of tenure

27 July, 2015 (11:50) | Annuity, Apartments, Elderly, Escheat, Homeownership, Housing, Innovations, Mortgages, Paris, Rental, Tenure | No comments

By: David A. Smith Just as water and ice are two forms of the same molecules, lump sums and cash flow streams can be the same present values, one just transmuted into another.  Over the decades, ambition transmutes into experience We’re familiar with some of the forms: 1. Mortgage loan.  Receive cash up front, make […]

Aiding and a-bedding? Part 4, In an hour, you won’t want them to

23 January, 2015 (09:00) | Airbnb, Apartments, Cities, Global news, Hotels, Housing, Innovations, Markets, New York City, Paris, Rental, Speculation, Urban issues, US News, Zoning | 1 comment

[Continued from yesterday’s Part 3 and the preceding Part 1 and Part 2.] By: David A. Smith Jack Bellicec: What are you talking about? A space flower? Nancy Bellicec: Well why not a space flower? Why do we always expect metal ships? Jack Bellicec: I’ve never expected metal ships. Invasion of the Body Snatchers Arriving […]

Aiding and a-bedding? Part 3, Being spied on

22 January, 2015 (10:00) | Airbnb, Apartments, Cities, Global news, Hotels, Housing, Innovations, Markets, New York City, Paris, Rental, Speculation, Urban issues, US News, Zoning |

[Continued from yesterday’s Part 2 and the preceding Part 1.] By: David A. Smith Dr. David Kibner: Elizabeth, could you please tell me, in your opinion, what is going on? Elizabeth Driscoll: People are being duplicated. And once it happens to you, you’re part of this… thing. It almost happened to me! Invasion of the […]

Aiding and a-bedding? Part 2, No one is complying

21 January, 2015 (10:00) | Airbnb, Apartments, Cities, Global news, Hotels, Housing, Innovations, Markets, New York City, Paris, Rental, Speculation, Urban issues, US News, Zoning |

[Continued from yesterday’s Part 1.] By: David A. Smith You’re next!  You’re next! Running man: [panicked shouting] Help! They’re coming! They’re coming! Elizabeth Driscoll: Maybe we should help him. Running man: Help! Help! They’re coming! They’re coming! Listen to me! Listen! Invasion of the Body Snatchers In yesterday’s Part 1, the invaders had arrived; starting […]