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Living in Paris is a dream for many people, but a dream financially unattainable.  It may also be that the vagaries of foreign property ownership and the added wrinkle of currency fluctuations are simply not for you.  I mean, while a property may appreciate, if the currency tumbles, appreciation can quickly turn to loss.  For example, in late 2008 the Euro was pushing $1.60. Today it’s nearer $1.05 … essentially erasing a third of its value in nine years.  As recently as the autumn of 2014, the Euro was hovering around $1.40, making for a precipitous loss is a short time … simply from currency. I can tell you that any Parisian market gains in no way offset the currency declines.

You want a second home, not a tax write-off.

Rent.

While I was in Paris last month, I had a perfect confluence of the stars.  CandysDirt.com friend and HGTV hostess Adrian Leeds was on hand to give a sampling of rental units. Also scoping out the market was Dave Perry-Miller agent Sharon Quist who was in town with a friend selling her Paris home.

Head over to SecondShelters.com for more.

HGTV hostess Adrian Leeds with professional photographer daughter Erica Simone

A Dallas “howdy” to HGTV hostess Adrian Leeds with professional photographer daughter Erica Simone

For me, this picture summed up the party.  A gorgeous family home as backdrop for a sumptuous evening with HGTV hostess Adrian Leeds and 83 of CandysDirt.com’s best friends.  The family friendliness of this chateau-inspired home was emphasized by Leeds and her daughter, and of course builders Sam and Debbie Elchami.

Given all the recent, and seemingly returning rain, last Thursday was a blip of cooperative weather. I know everything that was supposed to be green certainly was.

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CD June 9 Invitation

As I write this, Adrian Leeds, HGTV hostess for House Hunters International is making her way to Dallas for a special evening in a special Preston Hollow property hosted by Candysdirt.com and Versailles, Inc. builders.

If HGTV and luxurious Dallas real estate are your guilty pleasures, you’ll be able to combine the two Thursday night.  Leeds has hosted 20-some House Hunters France episodes helping Americans realize their dreams of brie, Bordeaux and baguettes. During the evening Leeds will present “Living and Investing in France” which will be chockablock with information, tips and saucy stories.

The stage for this event will be Versailles, Inc.’s latest creation by master builder Sam Elchami at 9818 Hathaway in Preston Hollow. This 13,000 square foot chateau sitting on over a half-acre is a home you’ll be talking about for days.

 

Remember:  Do you have an HOA story to tell?  A little high-rise history? Realtors, want to feature a listing in need of renovation or one that’s complete with flying colors?  How about hosting a Candy’s Dirt Staff Meeting?  Shoot Jon an email.  Marriage proposals accepted (they’re legal)!  sharewithjon@candysdirt.com

CD June 9 Invitation

Haven’t gotten your invitation to our June 9 event featuring Adrian Leeds? I guess you’re not on our mailing list.  But lucky you!  We still have a few slots available for die-hard readers who we’ve missed (although it’s your own dang fault for not being on our list!).

Are you just a casual reader who has no idea what I’m talking about?  Well, it’s your lucky day!  Turn back time and catch up here and here. Want to show off?  Read this too…

Here’s the Readers’ Digest version …

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Versailles, not everyone’s idea of a second home

Versailles, not everyone’s idea of a second home

“Cities have sexes: London is a man, Paris a woman, and New York a well-adjusted transsexual.”

― Angela Carter

It took me a while to warm to Paris.  As they say, I was young and dumb, passing through Charles de Gaulle airport on my way home from somewhere else. Those long minutes navigating the airport without a word of French scared me, as places do when you’re young in a foreign land and can’t communicate. I was trying to make change at a newsstand and became flustered. The French cashier seemed equally linguistically challenged, but seemingly equal to the task of shaming this young man.

It was over 15 years before a more mature me returned. And I fell in love as you do on second sight. I have since relaxed into a city whose language I remain largely ignorant of, but with whom I have learned to communicate.

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