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PARIS IN THE RED: You’re a $150,000-a-year...

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PARIS IN THE RED: You’re a $150,000-a-year executive in a $500,000 Newport Beach home and you’re due for a transfer. Which do you pick: Toyko, Paris or Dallas? . . . Careful, for according to Irvine-based Century 21 Real Estate Corp., your standard of living is in for a jolt. . . . Pick Dallas and you can get a bigger, more luxurious house that’s $150,000 cheaper. But pick Tokyo or Paris and you’ll probably wind up spending $500,000 to buy an apartment at least 50% smaller than your old house. . . . “Some are shocked,” says a Century 21 spokesman. “That’s why Dallas is so red-hot right now.”

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