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.

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