So… I’m considering buying an apartment in Paris. I’ve tried to talk about this with a couple of friends, and when I do I frame it as… a joke, or a mental exercise. A pie-in-the-sky game that’s just fun to consider.
Except, I’m seriously considering buying an apartment in Paris.
If I trace the idea back to its root, my dad is to blame. We’ve played pie-in-the-sky all my life. I learned the game from him. And then a couple of weeks ago, my 76-year-old father, who had in the recent past talked about down-sizing to a small apartment or even a retirement home, impulse-bought a 15-acre property in the countryside.
When he first brought up the idea, I thought we were playing the game again.
“Well, in that case,” I said, “I’d like an apartment in Paris, please.” Paris got into my bones when I was there this past October, and I’m planning to go back again this fall.
And then my mother called me back two hours later to tell me my dad had bought the place. He’s selling up in the city and moving out there at the end of the summer. All by himself. I have a whole separate spate of concerns about that.
Inspired – sort of – by his lunacy, I spent a couple of hours poking at my own insane idea. And it’s not quite as crazy as it sounds.
As part of my where-do-I-want-to-be-in-five-years navel gazing, I’ve been thinking it’s time to consider buying a house. The problem with that is, due to my job, I move twice a year. In the summer I work at a large theatre in a small town, in the winter I work in television in the big city. I can’t afford to buy anything in the city – and even if I could, I’d need to sublet it for eight months of the year, which is an enormous pain in the ass. If I buy in the small town, I either have to commute two hours each way to work in the city in the winter, or I find a part-time retail job in the small town and all my travel money goes towards the mortgage.
But if I buy an apartment in Paris, I can have an agency rent it out to travellers during the high tourist season and then have a base in Europe for my travels in the winter. There are certain problems this plan doesn’t solve, but I like it the best out of all my current options.
I’m going to do some research and some math, and see if rental income would realistically cover the mortgage. I want to talk to the agency I found online and get a serious idea of the costs involved and what they charge for their services. But this might just be the five-year project I’ve been looking for.