BajaNomad

And here's Paradise --

bajalera - 5-27-2007 at 01:24 PM



IMG_0001.JPG - 39kB

Cypress - 5-27-2007 at 01:30 PM

Looks sorta like some of those cliff dwellings in the the canyons of the dream time.:biggrin:

Bajafun777 - 5-28-2007 at 06:20 PM

bajalera where is the ocean, no ocean in this Paradise setting??? Condos or houses????

Skipjack Joe - 5-29-2007 at 12:00 AM

Not my paradise. Looks more like Bodie to me.

Crusoe - 5-29-2007 at 07:27 AM

They better get a move on!!!!!....... Hurricane season is fast approaching!!!:biggrin::biggrin::biggrin:

vandenberg - 5-29-2007 at 07:48 AM

Quote:
Originally posted by Skipjack Joe
Not my paradise. Looks more like Bodie to me.



Skipjack,
That needs a little explanation.
Brodie is a California ghost town in central California east of hwy 395. Interesting site.
Kind of have to agree with you.:P:P

vandenberg - 5-29-2007 at 07:49 AM

Quote:
Originally posted by vandenberg
Quote:
Originally posted by Skipjack Joe
Not my paradise. Looks more like Bodie to me.



Skipjack,
That needs a little explanation.
Brodie is a California ghost town in central California east of hwy 395. Interesting site.
Kind of have to agree with you.:P:P



BODIE that is:P:P

How to post on nomads

Skipjack Joe - 5-29-2007 at 10:04 AM

Vandenburg,

Sometimes I like to do a fair amount of research and try to give my best shot at a helpful contribution.

Other times I like to shoot from the hip and just put down my first reaction to a post.

bajalera - 5-29-2007 at 11:23 AM

777--These are definitely not waterfront homes. They're on the higher part of what look to be stabilized sand dunes that make up the Mogote, and seemed to be closer to the Ensenada de Los Aripes than to the Bahia de La Paz.

vandenberg - 5-29-2007 at 12:29 PM

Quote:
Originally posted by Skipjack Joe
Vandenburg,

Sometimes I like to do a fair amount of research and try to give my best shot at a helpful contribution.

Other times I like to shoot from the hip and just put down my first reaction to a post.


Skipjack,
I was not trying to criticize your post. Just thought that most Nomads had never heard of this ghost town and were maybe wondering what you were talking about.
Sorry!!

HotSchott - 5-31-2007 at 07:16 AM

Quote:
Originally posted by bajalera
stabilized sand dunes


:lol::lol::lol:

bajajazz - 6-8-2007 at 01:51 PM

About ten days ago the New York Times ran a front page article describing the crash of the condo market in Miami. The good times there are over, at least for now, and would-be purchasers are running away from 20 percent downpayments as fast as their legs can carry them. One investor has kissed off a downpayment of $320,000. -- that's serious money. These are mostly investor-buyers, according to the Times, the smart-money guys who presumably have some idea of what the future holds, not your average personal-use purchasers who are buying mainly for shelter, not investment.

Now, I don't know if what is currently happening in the Miami real estate market has any applicability to the real estate market in Baja California Sur(although the two disparate areas have much in common) but the failure of the market in Miami causes me to wonder if overbuilding in the Baja is about to come to a screeching halt, just as it has in Florida. The sight of those ghostly, uncompleted condo towers -- whose potential puchasers have a terminal case of buyer's remorse before the deal is even complete --is enough to disturb the sleep of any developer who's financing his projects with borrowed money. Sales can stand still but interest rates don't.

In view of the bursting of the housing bubble, and also taking into account the recent and precipitous declines in both the American and Asian stock markets -- a one day loss of 340 BILLION dollars in China, for example -- I'm wondering if we are on the verge of a pullback in speculative investments in recreational real estate. Ordinarily, when the stock market goes to hell speculative money flows into real estate. But what happens when the stock market takes a dump and the real estate market is already in the crapper?

There's an old saying -- I think I'm quoting it correctly -- "When American sneezes, Mexico gets a cold." :?::?: