bajalera
Super Nomad
Posts: 1875
Registered: 10-15-2003
Location: Santa Maria CA
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And here's Paradise --
\"Very few things happen at the right time, and the rest never happen at all. The conscientious historian will correct these defects.\" -
Mark Twain
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
Member Is Offline
Mood: undecided
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Looks sorta like some of those cliff dwellings in the the canyons of the dream time.
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Bajafun777
Super Nomad
Posts: 1103
Registered: 9-13-2006
Location: Rosarito & California
Member Is Offline
Mood: Enjoying Life with Wife In Mexico, Easy on The Easy
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bajalera where is the ocean, no ocean in this Paradise setting??? Condos or houses????
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Skipjack Joe
Elite Nomad
Posts: 8088
Registered: 7-12-2004
Location: Bahia Asuncion
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Not my paradise. Looks more like Bodie to me.
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Crusoe
Senior Nomad
Posts: 731
Registered: 10-14-2006
Member Is Offline
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They better get a move on!!!!!....... Hurricane season is fast approaching!!!
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
Member Is Offline
Mood: mellow
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| 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.
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
Member Is Offline
Mood: mellow
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| 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. |
BODIE that is
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Skipjack Joe
Elite Nomad
Posts: 8088
Registered: 7-12-2004
Location: Bahia Asuncion
Member Is Offline
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How to post on nomads
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.
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bajalera
Super Nomad
Posts: 1875
Registered: 10-15-2003
Location: Santa Maria CA
Member Is Offline
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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.
\"Very few things happen at the right time, and the rest never happen at all. The conscientious historian will correct these defects.\" -
Mark Twain
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
Member Is Offline
Mood: mellow
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| 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!!
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HotSchott
Nomad
Posts: 156
Registered: 9-4-2003
Location: Sandy Eggo
Member Is Offline
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| Quote: | Originally posted by bajalera
stabilized sand dunes |
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bajajazz
Nomad
Posts: 386
Registered: 12-18-2006
Location: La Paz, BCS, Mexico
Member Is Offline
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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." 
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