Word: fonciere
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...addition, Delanoë hopes that the easing of restrictions will give a boost to business in the city. Paris lost some 200,000 jobs over the 1990s, mostly to complexes around the periphery such as La Défense to the west. Recently, bank Crédit Foncier de France and insurance giants Aviva and Generali have moved operations - and jobs - from central Paris to the suburbs. Big projects won't happen in the historic heart of Paris, but rather at the edges: the old industrial quarter along the Seine in the 13th is already under development, and other sites...
Building Pains. A French couple who would rather build than buy a rickety old house applies to the government, waits 15 months while the application is processed through a dozen separate departments before reaching Crédit Foncier, the nationalized credit institution which may help them finance their project. Permission granted, the French couple then has to deal with the guild-conscious French architect and his seven fat handbooks entitled La Série Centrale des Architectes, which lay down exactly what may be done about building a house, in terms suitable for the age of Charlemagne. After the architect...
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