X-Message-Number: 3276 Date: 16 Oct 94 14:11:23 EDT From: yvan Bozzonetti <> Subject: CRYONICS : financing with real estate. In message 3266 Robert Ettinger said, to summarize: I accept the bad side of cryonics financing with bequests, but not the good side, that is the possibility to get short term return for financing researches. At least it is what I see between the lines. If I can understand CI has not the financial power to launch a real estate subsidiary, i think the concept would get more attention. There is a practical case: I have a rented flat on sea shore valued now at some $ 60 000 and the death-incapacity insurance cost me less than $ 10 per month, far under the price of a life insurance for even half my flat value. To buy a garanty on a loan is so far cheaper than a life insurance for direct cryonics financing. Even if the sum was equal, they would make a big difference: The loan insurance price is included in a monthly cost covered by the rent. Yes, all is not always perfect, I have a squatter in another flat running a debt of up to $ 4 000 and I have no hope to recover a (half destructed flat) before the debt runs in the $ 7 000. As a reaction I am turning all my real estate business to a process server. Even with this problem, I think real estate is a good possibility, marketing cost are high in this activity, if that share of the cost can be deleted or far reduced because the buyers are selected nearly without cost by cryonics interest, then the profit would be wellcome for much needed researches. ( another way to see the same thing: marketing costs are not suppressed but the expanse is done to promote cryonics). If a "hard core" of potential cryonics users are ready to buy before actual construction, then the scheme can get started. One remark: there are many people looking at way to get money from their computer, why not use them to find potential customer? If they find them, they get a return, if not they pay the communication bill and there is no marketing cost. I am sorry not be in position to "exploit" the idea myself in a french cryonics society, but the law here probably the next bad after the British Columbia one. Yvan Bozzonetti. Paris, France. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=3276