Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist ... ... read more | Joined | July 4th 2007 | Trips | 19 |
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Ake Och Emma
Ake Dahllof and Emma Holmbro
On Monaco real estate
Some years ago there was a tennis tournament in Monaco. One of the tennis players, who for tax reasons had moved to Monaco several years earlier, was asked by a journalist if it felt special to compete in the town where he lived. The player just laughed and replied that his apartment was so small and inconvenient that he could not possibly live in it. He only had the apartment so he could tell the authorities that he had a home there. And yes, he probably paid ridiculously much for that one room without kitchen. /Ake