Paris Elite Homeowners Seek End to Pain With Socialist Loss

  • Luxury properties losing value even as other homes appreciate
  • Hollande's successor seen easing homeowners' tax burden

Denys Laroche has been trying to sell his 18th century one-bedroom apartment just off the Champs-Elysees for six months. If the 3.75 million-euro ($4.2 million) Paris home doesn’t attract a buyer soon, he may decide to wait for a new president next year.

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