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Living the death of the Irish property boom | 105 comments (105 topical, editorial, 0 hidden)
A life annuity story (4.00 / 5)
When she died aged 122 in 1997, Jeanne Calment was the oldest living person in the world.

In 1965, aged 90, she had sold her apartment in Arles to her sollicitor in return for a life annuity. In 1995, after having paid the annuity for 30 years, the sollicitor died before she did...

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Mon Mar 26th, 2007 at 08:51:38 AM EST
[ Parent ]
IIRC his heris kept paying (4.00 / 2)
because they were always willing to take the bet that the next payment would pay off.  Paid for the flat about 3X.
by HiD on Mon Mar 26th, 2007 at 09:58:50 PM EST
[ Parent ]

Living the death of the Irish property boom | 105 comments (105 topical, 0 editorial, 0 hidden)
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