Alm - 1-9-2013 at 12:53 AM
Article from 2008, some people have probably read it. Things have slowed down since then, but never stopped. Depressing.
Is Baja on the Block?
jbcoug - 1-9-2013 at 03:27 PM
You said it, depressing.
John
BajaBlanca - 1-9-2013 at 03:50 PM
very interesting article.
DENNIS - 1-9-2013 at 04:35 PM
One would think that, with the drop in tourism, these developments would be put on indefinite hold, but that may not be the case. Mexico has a few
home-grown, fat-cat investors who need places to invest/spend/clean up their money and won't be concerned with immediate returns.
They've been buying resort properties for years and just letting them sit vacant while never showing a vacancy on the books.