Drapes and carpet not matching on the dollar figure, hence the headline.
From Quartz:
Mona Lisa not included. Reuters/Benoit Tessier
If Paris were on sale, it could be yours for $956 billion. That, at least, is the price tag suggested by French historian Patrice de Moncan’s new book Que Vaut Paris? (How Much Is Paris Worth?), published in France this month. Written together with the head of the French National Real Estate Federation, Gilles Ricour de Bourgies, the book tallies up the total value of all property within Paris intra-muros, the historic core of the city’s metropolitan area.
Residential apartments and houses, the book estimates, are worth $710 billion, while its office space could hypothetically be yours for $192 billion. Empty Paris’s 84,000 shops of their contents, and their collective value is slightly under $54 billion.If that vast price tag nonetheless sounds a little cheap for a city packed with famous historic buildings, that’s because it is. The book’s authors have not included the price of monuments or important infrastructure like train stations in their figure, though they had a go at valuing 30 of these as a side project. The lavish Opera Garnier is a snip at $51.4 million, and the Louvre minus its contents would cost $10.5 billion. The Luxembourg Gardens, at the heart of Paris’s most expensive arrondissement, would cost $13.5 billion, while the Eiffel Tower would cost just $3.8 billion.Some of these estimates sure seem a little off. The figure for the Eiffel Tower is so low that, were it for sale, I might try to scrape the money together myself. The book has nonetheless sparked significant interest in France, and not just over this new set of hypothetical price tags....MORE
