Selling Paris: Property and Commercial Culture in the Fin-de-siècle Capital

In 1871 Paris was a city in crisis. Besieged during the Franco-Prussian War, its buildings and boulevards were damaged, its finances mired in debt, and its new government untested. But if Parisian authorities balked at the challenges facing them, entrepreneurs and businessmen did not. Selling Paris chronicles the people, practices, and politics that spurred the largest building boom of the nineteenth century, turning city-making into big business in the French capital.

Alexia Yates traces the emergence of a commercial Parisian housing market, as private property owners, architects, speculative developers, and credit-lending institutions combined to finance, build, and sell apartments and buildings. Real estate agents and their innovative advertising strategies fed these new residential spaces into a burgeoning marketplace. Corporations built empires with tens of thousands of apartments under management for the benefit of shareholders. By the end of the nineteenth century, the Parisian housing market caught the attention of the wider public as newspapers began reporting its ups and downs.

The forces that underwrote Paris’s creation as the quintessentially modern metropolis were not only state-centered or state-directed but also grew out of the uncoordinated efforts of private actors and networks. Revealing the ways housing and property became commodities during a crucial period of urbanization, Selling Paris is an urban history of business and a business history of a city that transforms our understanding of both.

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Selling Paris: Property and Commercial Culture in the Fin-de-siècle Capital

In 1871 Paris was a city in crisis. Besieged during the Franco-Prussian War, its buildings and boulevards were damaged, its finances mired in debt, and its new government untested. But if Parisian authorities balked at the challenges facing them, entrepreneurs and businessmen did not. Selling Paris chronicles the people, practices, and politics that spurred the largest building boom of the nineteenth century, turning city-making into big business in the French capital.

Alexia Yates traces the emergence of a commercial Parisian housing market, as private property owners, architects, speculative developers, and credit-lending institutions combined to finance, build, and sell apartments and buildings. Real estate agents and their innovative advertising strategies fed these new residential spaces into a burgeoning marketplace. Corporations built empires with tens of thousands of apartments under management for the benefit of shareholders. By the end of the nineteenth century, the Parisian housing market caught the attention of the wider public as newspapers began reporting its ups and downs.

The forces that underwrote Paris’s creation as the quintessentially modern metropolis were not only state-centered or state-directed but also grew out of the uncoordinated efforts of private actors and networks. Revealing the ways housing and property became commodities during a crucial period of urbanization, Selling Paris is an urban history of business and a business history of a city that transforms our understanding of both.

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Selling Paris: Property and Commercial Culture in the Fin-de-siècle Capital

Selling Paris: Property and Commercial Culture in the Fin-de-siècle Capital

by Alexia M. Yates
Selling Paris: Property and Commercial Culture in the Fin-de-siècle Capital

Selling Paris: Property and Commercial Culture in the Fin-de-siècle Capital

by Alexia M. Yates

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Overview

In 1871 Paris was a city in crisis. Besieged during the Franco-Prussian War, its buildings and boulevards were damaged, its finances mired in debt, and its new government untested. But if Parisian authorities balked at the challenges facing them, entrepreneurs and businessmen did not. Selling Paris chronicles the people, practices, and politics that spurred the largest building boom of the nineteenth century, turning city-making into big business in the French capital.

Alexia Yates traces the emergence of a commercial Parisian housing market, as private property owners, architects, speculative developers, and credit-lending institutions combined to finance, build, and sell apartments and buildings. Real estate agents and their innovative advertising strategies fed these new residential spaces into a burgeoning marketplace. Corporations built empires with tens of thousands of apartments under management for the benefit of shareholders. By the end of the nineteenth century, the Parisian housing market caught the attention of the wider public as newspapers began reporting its ups and downs.

The forces that underwrote Paris’s creation as the quintessentially modern metropolis were not only state-centered or state-directed but also grew out of the uncoordinated efforts of private actors and networks. Revealing the ways housing and property became commodities during a crucial period of urbanization, Selling Paris is an urban history of business and a business history of a city that transforms our understanding of both.


Product Details

ISBN-13: 9780674915985
Publisher: Harvard University Press
Publication date: 10/06/2015
Series: Harvard Historical Studies
Sold by: Barnes & Noble
Format: eBook
Pages: 361
File size: 8 MB

About the Author

Alexia M. Yates is Visiting Professor of History at York University.

Table of Contents

Cover Title Copyright Contents Dedication Introduction: Selling Paris Property Is a Movable Good Paris Is a Movable Feast Chapter 1. The Business of the City The Building Question The Political Economy of Speculation Chapter 2. Seeing Like a Speculator The Speculative Builders of Paris The Paris of Speculative Builders Chapter 3. The Problem of Property Private Streets and Public Interest “The City Helps Those Who Help Themselves”: Private Property and Association Property and the World of Commerce Chapter 4. The Unceasing Marketplace Notaries, Auctions, and the Circulation of Property “A Means and Not an End”: The Agent d’Affaires “An Unceasing Marketplace”: The Estate Agent and the Property Market Chapter 5. Marketing the Metropolis Owning and Renting in the City of Light Advertising Apartments in the Early Nineteenth Century Sales and Rental Advertising in the Early Third Republic Envisioning Real Estate: New Representational Strategies for Residential Space Chapter 6. Districts of the Future Assembling Portfolios and Managing Properties: The Compagnie Foncière de France The Privately Produced City Use and Exchange Value in Speculative Buildings Epilogue: Illicit Speculation and Impossible Markets Apartment buildings belonging to the Compagnie Foncière de France, 1898 Notes Acknowledgments Index
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