Tag: france
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The après table test
There are a number of ways to evaluate a good après ski spot. There’s the food. The drinks. The views/sun exposure. The overall atmosphere. And the simple test of: Am I having fun here? But another important telltale sign is the tables. Yes, the tables. What you want to do is inspect their structural integrity. If they were carefully engineered for dancing upon, then bingo — you’re more than likely at a good après ski spot. And it probably means that at some point in the afternoon or evening, you are going to end up on top of one of them. See above video. If you happen find yourself in this fortunate situation, then there’s no better place than one of the locations of La Folie Douce. I have been to a number of mountains, and I can confidently say that, so far, nothing comes even remotely close. Their tables are robustly engineered.
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Street-level offices
One of the things that I have noticed while walking around Lyon is that there seems to be a lot of office space right at street level.
And most of it does not seem to have a consumer-facing element where people just walk in off the street.
There’s something nice about seeing beautiful spaces and people sitting at their desks (I walked past people sitting on exercise balls). It’s another way of animating the street.
Personally, I’d love to have an office right at ground level, similar to the above. But it’s not usually where our minds immediately go. We usually default to retail. Or at least I do.
So I’m going to work to remove this blind spot from my mental models. Office right on the street can clearly work really work.
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13th annual+
It’s that time of year again: the annual ski and snowboard trip.
Regular readers of this blog will know that this happens each and every year, provided a global pandemic isn’t currently underway. Last year we went to Park City and this year we’re off to Lyon and Les 3 Vallées. Is there anything better than urban + mountain? I don’t think so.
This year’s is also unique in that I selfishly upgraded it into a slash bachelor party for myself. And that’s why I’m calling it the 13th annual, plus.
So what should you expect on this blog for the next 10 days or so?
You should expect more travel, food, and snowboarding-related content, as well as more photos. I generally never travel without my Fujifilm. I’m also thinking about experimenting with more real-time posts, and possibly even multiple posts per day. Basically something more akin to a social feed. We’ll see if that happens.
Regardless, if beautiful European cities and sublime mountains aren’t your thing, you may want to check back in early February for our regularly scheduled city building programming.
Photo by Inés Álvarez Fdez on Unsplash
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An overview of rental housing in France
Rental housing in France is both heavily regulated and supported through dedicated public funds. Here’s a high-level overview of what that means (via this 2021 Brookings case study by Arthur Acolin):
- Homeownership rates in France went from 35% in 1954 to 56% in 2001
- As of 2018, 58% of French households own, 40% rent, and the remaining 2% supposedly get free housing from either their employer or a family member
- Not surprisingly, younger households are most likely to rent (the figure is > 60% for people aged 18-29)
- Household size seems to play a major factor in how likely people are to live in public housing
- France has some 4.5 million public housing units and 17% of all households live in them (which represents about 43% of all renter households)
- Within the unsubsidized rental market, 93.5% of households live in homes owned by individual investors (this is as of 2013) and only about 3.5% live in homes owned by institutional investors
- This is pretty typical of Europe, where multi-family isn’t an established real estate asset class like it is in North America; so for those of you who like to hate on individual condo investors, check out France
- In the decade between 2010 and 2020, 28 metro regions in France adopted some form of rent control and, in a few markets, like Paris and Lille, there are also maximum rents that can be charged for specific housing types
If you’re interested in rental housing, Brookings also has articles covering the US, Germany, Spain, Japan, and the UK. They can be found here.
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Big global events, small mountain towns
I was speaking with our lawyer in Park City this week, and he commented to me that he wouldn’t be going into the office next week because Old Town would be too hectic with the Sundance Film Festival going on. His office is right on Main Street.
When small mountain towns host major international events, there are going to be spillover effects. This is true of Sundance in Park City (population ~8,500) and it is true of the World Economic Forum, which was hosted in Davos (population ~10,000) this past week.
Perhaps the most obvious impact is that people can rent out their homes for large sums of money. And so lots of people both do that and try to profit maximize while doing it. Here are some anecdotes from Davos (via NZZ):
Ten days before the WEF, there are still 25 listings on the Airbnb internet platform. The prices here range from 8,000 to 56,000 Swiss francs. The son of an apartment owner says that his family receives 12,000 francs a week for their three-room apartment, which is quite close to the convention center. However, he says he assumes that they could achieve significantly more. The family rents out the apartment through an intermediary.
Another interesting impact in Davos happens on the retail side (also via NZZ):
According to expert Robert Weinert, the average rent per square meter of retail space in Davos is 248 Swiss francs. A businessperson renting a storefront of 80 square meters must therefore pay almost 20,000 francs in rent per year. However, if that business vacates the store during the WEF, it can earn 60,000 francs – three times the annual rent for the facilities.
What this means is that some retail spaces remain vacant all year, just so that they can be available for when the WEF arrives and people need temporary commercial spaces. And why wouldn’t this be the case: 20,000 francs for the year or 60,000 francs for a week. If I’m the landlord, I’ll take the additional 40,000 francs and not think about the property for the rest of the year.
Of course, if you’re trying to create a vibrant community with things, like, occupied retail spaces, then this isn’t ideal.
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En province
As many of you know, I am learning French, again.
One of the small things that I found really interesting in this week’s class — besides, of course, figuring out how the hell to use le subjonctif — was the expression “en province.” In France, this effectively refers to any place in the country that isn’t Paris — the capital city/region. And it turns out that many other countries employ a similar kind of vocabulary.
According to Wikipedia, people in Peru say “en provincias”, people in Mexico say “la provincia”, people in Poland say “prowincjonalny”, and people in Bulgaria say “в провинцията”, whatever that means. What is fascinating to me about this is that it implies a very capital and urban-centric mentality. You’re either in the capital city or you’re, well, in the provinces.
It’s also not something that is used in either Canada or the US. In Toronto, you’ll hear people say that someone is “up north” and, in Philly, you’ll hear people say “down the shore” to indicate that they’re headed in the general vicinity of the east coast. But as far as I’m aware, there isn’t a specific term that is used to describe any and all lands that exist outside of our capital cities.
Maybe it’s because Ottawa isn’t our biggest city and so it would be silly to designate everything outside of it as being some sort of provincial non-capital territory. But I wonder if part of it is because we don’t have the same urban-centric mentality. Could it be that we just don’t value and think about our principal cities in the same way?
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Paris in August 🇫🇷
We’re no longer in Paris. We’ve been back in Toronto for about 3 weeks now. But the pictures live on and I finally got around to processing all of the ones that I took on my Fujifilm X-T3 (23mm f/2).
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Étretat 🇫🇷
Étretat, France. Shot on a Fujifilm X-T3 with a 23mm f/2 prime lens.
