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davidg

The Fall Of France

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According to Newsweek a toxic mix of high house prices, high cost of living and eye watering taxes have made Paris more expensive than London

http://www.newsweek.com/fall-france-225368

as a note salaries are considerably less in Paris compared to London, before anyone says how cheap it is.

but maybe President Hollande is good news, at least in terms of house prices. Despite record low interest rates prices have dropped in the capital according to Century 21, an estate agency chain and that trend seems set to continue in 2014. It has never been a better time to buy cooed Sophie le Saint, the presenter onthe State TV News this morning.

http://www.lefigaro.fr/immobilier/2014/01/06/05002-20140106ARTFIG00122-immobilier-les-prix-dans-l-ancien-baissent-surtout-a-paris.php

The same survey claims a 7.6% rise in the Limousin but sales down by 18%.

This article is causing a stir at senior levels in the French administration and there are moves afoot to demand a formal retraction from Newsweek.

As an aside, the École alsacienne (no it is not for dogs) is a state subsidised private school. It is the equivalent of Westminster in London I guess. However fees are "just" 2000 euros per term due to state funding. Nominally open to all, you would in reality have to be part of the nomenklatura to get in. France's Socialist Education minister allegedly has one of his kid's there.

Edited by davidg

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Hmmm. Some vague armwaving in that article. On balance it rings true, but also spun.

e.g. that 75% tax rate is tokenism, in that it only kicks in at a million Euros a year. Not like the UK's 76% which kicks in at £100k. I feel sure you can live better on a Parisian million than a London 100k.

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All I know is that my French friend who used to work with me in Cambridge has a 4 bedroom detached house with a pool near Toulouse and is able to support a wife and 2 kids on his salary.

I'd venture life for the average man in France is of better quality than their English counterpart.

Maybe it is worse for those earning more than £1m a year but I don't really care about them.

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I went to Paris with work before Christmas.

What a Sh}thole. Cramped, stupid traffic, expensive, and well dodgy in most places.

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let me get this straight...

people, taxed to the hilt, suffering very high costs of living, are able to outbid each other for expensive housing more than ever?

Yet salaries are LESS than London?

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All I know is that my French friend who used to work with me in Cambridge has a 4 bedroom detached house with a pool near Toulouse and is able to support a wife and 2 kids on his salary.

I'd venture life for the average man in France is of better quality than their English counterpart.

Maybe it is worse for those earning more than £1m a year but I don't really care about them.

It's interesting how France is supposed to be such a centralized economy, with everything based in Paris, yet the 2nd tier regional cities (Toulouse, Bordeaux, Lyon, etc) are actually really nice places to live (or at least they seem like it), while Paris itself is largely a dump outside of the super-expensive city centre which is only nice in a touristy, Disneyland sort of way and not a place you would want to live.

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All I know is that my French friend who used to work with me in Cambridge has a 4 bedroom detached house with a pool near Toulouse and is able to support a wife and 2 kids on his salary.

I'd venture life for the average man in France is of better quality than their English counterpart.

Maybe it is worse for those earning more than £1m a year but I don't really care about them.

...its Toulouse not Paris....

BTW Pools don't cost that much we just don't have the climate in the UK to make it worthwile

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All I know is that my French friend who used to work with me in Cambridge has a 4 bedroom detached house with a pool near Toulouse and is able to support a wife and 2 kids on his salary.

I'd venture life for the average man in France is of better quality than their English counterpart.

Maybe it is worse for those earning more than £1m a year but I don't really care about them.

People bang on about France and it's high taxes and 1970's style work practices but the fact remains that many people like your French friend can still afford to live in a proper house on one salary whereas in the UK with lower taxes (allegedly) and reformed labour market that is not the case.

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Don't you mean, London ? :P

Yeah it's not a big difference really is there.

Rome, on the other hand - lovely place. Well, maybe the ice cream put a rose tint on it all. And lovely architecture. And food, and warmth. And the food again.

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I read this article yesterday on a French watchdog group that documents Anti-French media activity.

The article is pure French Bashing at its best and its got nothing to do with house prices in France.

Yet another boring middle class American snob.

Its worth reading because she loses control of her French hatred her banker friends and lawyer friends she hates socialism .

She seems to me to be an unhappy woman because when she talked about child birth in France and how Frenchmen don't like fat women she might have a weight problem.

She used to live in London in a stuck up area before moving to Paris her son is studying at a private expensive school what the article is really about is her hatred of paying taxes.

Being a woman she did not mention dogs poo on the streets of Paris this seems to reserved for boring middle class American male snob reporters.

She should write for France Stinks .com.

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I read this article yesterday on a French watchdog group that documents Anti-French media activity.

The article is pure French Bashing at its best and its got nothing to do with house prices in France.

Yet another boring middle class American snob.

Its worth reading because she loses control of her French hatred her banker friends and lawyer friends she hates socialism .

She seems to me to be an unhappy woman because when she talked about child birth in France and how Frenchmen don't like fat women she might have a weight problem.

She used to live in London in a stuck up area before moving to Paris her son is studying at a private expensive school what the article is really about is her hatred of paying taxes.

Being a woman she did not mention dogs poo on the streets of Paris this seems to reserved for boring middle class American male snob reporters.

She should write for France Stinks .com.

I agree 100%, the article is pathetic, no balance whatsoever.

France has it's problems, of course, but maybe she should check out the figures for foodstamps in the "land of the free".

A major reality check required for this dullard bankster's wife.

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People bang on about France and it's high taxes and 1970's style work practices but the fact remains that many people like your French friend can still afford to live in a proper house on one salary whereas in the UK with lower taxes (allegedly) and reformed labour market that is not the case.

Ignoring the article for a moment, and just commenting on your post:

In France, if you're in, you're in.

Job security, can't be fired, good benefits. And the wages are good - if you're got a "CDI" (full time permanent job).

At the same time, those in their 20s/30s are voting with their feet and leaving the French socialist paradise to instead go and live in tyrannical free market London. In their hundreds of thousands.

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I read this article yesterday on a French watchdog group that documents Anti-French media activity.

The article is pure French Bashing at its best and its got nothing to do with house prices in France.

Yet another boring middle class American snob.

Its worth reading because she loses control of her French hatred her banker friends and lawyer friends she hates socialism .

She seems to me to be an unhappy woman because when she talked about child birth in France and how Frenchmen don't like fat women she might have a weight problem.

She used to live in London in a stuck up area before moving to Paris her son is studying at a private expensive school what the article is really about is her hatred of paying taxes.

Being a woman she did not mention dogs poo on the streets of Paris this seems to reserved for boring middle class American male snob reporters.

She should write for France Stinks .com.

Not that I really disagree with you, but the fact that the French have a watchdog group monitoring the media for anti-French bias does seem just a wee bit paranoid.

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What has not been mentioned in this thread thus far are tenants' rights in France, which are far superior to that of the UK.

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Ignoring the article for a moment, and just commenting on your post:

In France, if you're in, you're in.

Job security, can't be fired, good benefits. And the wages are good - if you're got a "CDI" (full time permanent job).

At the same time, those in their 20s/30s are voting with their feet and leaving the French socialist paradise to instead go and live in tyrannical free market London. In their hundreds of thousands.

Yep, the younger posters ranting about boomers in the UK may not realise that in France they've shafted the young just as much, more so in some respects.

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...its Toulouse not Paris....

BTW Pools don't cost that much we just don't have the climate in the UK to make it worthwile

Pools may not be expensive but gardens to put them in are.

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What has not been mentioned in this thread thus far are tenants' rights in France, which are far superior to that of the UK.

So much so that it is difficult to get somewhere to rent, especially in winter. :-)

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I went to Paris with work before Christmas.

What a Sh}thole. Cramped, stupid traffic, expensive, and well dodgy in most places.

Sounds like London.

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Ignoring the article for a moment, and just commenting on your post:

In France, if you're in, you're in.

Job security, can't be fired, good benefits. And the wages are good - if you're got a "CDI" (full time permanent job).

At the same time, those in their 20s/30s are voting with their feet and leaving the French socialist paradise to instead go and live in tyrannical free market London. In their hundreds of thousands.

I was going to make a similar point. My wife works for a global company and has had personal experience of not being able to let go of less able people in the Paris office and instead opt for further cuts in the UK and Germany. Severance pay over there is something like two years salary plus a huge social fund payment. It means fewer resources where they are needed (UK) and overworked versus an oversupply in Paris where people work the bare minimum required and have lots of holiday entitlement to boot :D

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Pools may not be expensive but gardens to put them in are.

Not the case. There is a glut of properties for sale all over France with large gardens and at comparatively low prices, particularly in the rural areas.

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Not the case. There is a glut of properties for sale all over France with large gardens and at comparatively low prices, particularly in the rural areas.

In the UK...

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I was going to make a similar point. My wife works for a global company and has had personal experience of not being able to let go of less able people in the Paris office and instead opt for further cuts in the UK and Germany. Severance pay over there is something like two years salary plus a huge social fund payment. It means fewer resources where they are needed (UK) and overworked versus an oversupply in Paris where people work the bare minimum required and have lots of holiday entitlement to boot :D

Sounds quite like Germany (not sure if exactly comparable) but in Germany, you're looking at twice the amount of money for voluntary redundancy. Like 100 grand type payouts for non managerial roles (what I've heard anyway, in my company).

Germany is crazy expensive.

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