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Author: Subject: Peso is being sucked into the vortex
DENNIS
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[*] posted on 2-27-2009 at 07:17 PM


The Peso heads into the weekend at 15.2555 to one. Now's the time to stock up on Cerveza.
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bajabound2005
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[*] posted on 2-27-2009 at 08:50 PM


Yup, we loaded up on pesos this AM in Loreto and went shopping for stuff selling in pesos. Had a great time and great shop! Where they have dollars and pesos on the price tag, the prices were 11:1...we so scored paying in pesos.



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[*] posted on 2-27-2009 at 09:49 PM


Maybe those builders in Los Cabos will stop charging American Prices for Mexican wages.



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DENNIS
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[*] posted on 2-28-2009 at 07:16 AM


Quote:
Originally posted by slimshady
Maybe those builders in Los Cabos will stop charging American Prices for Mexican wages.


Ya think?????
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[*] posted on 2-28-2009 at 07:41 AM


Quote:
Originally posted by slimshady
Maybe those builders in Los Cabos will stop charging American Prices for Mexican wages.


Along this line, does anyone have any current knowledge of building prices now that the builders are all idle? I'm partictularly interested in the Loreto area as the costs had gone through the roof the past several years. Would like to see them come back to something reasonable since I'm hoping to build soon.


.
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gnukid
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[*] posted on 2-28-2009 at 07:54 AM


The builders are idle but developers say wait a little longer for prices to drop. At the moment the prices in many cases are higher to make up for the lack of work!@#$% Though I am sure anyone interested can get a project going at a fair rate now.
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[*] posted on 2-28-2009 at 08:07 AM


good local builder and friend in loreto

Martin Sanchez 011-52-1-613-1093256

Give him a call for a quote , speaks english
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BajaGringo
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[*] posted on 2-28-2009 at 08:31 AM


This is a great time to build if you are your own general contractor. I have saved a ton on my current project with the exchange of late.



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[*] posted on 2-28-2009 at 09:02 AM
gnukid


Are you on a boat in Marina de la Paz? I had my Tayana 52 "Windstalker" there for 3 years in the late 80s and early 90s. Mac and Mary were close to retirement then. I later read in Latitude 38 that their son Neil had taken over the day to day management. I stopped by the Marina last February and was quite surprised to see Mac coming down the stairs. Mary was was in the office. They looked the same as they did almost 20 years ago. Mac proudly showed me around the rebuilt marina. Great people.
When we left La Pa we were getting about 3500 pesos to the dollar. We kept 2-3 million pesos on hand.

[Edited on 2-28-2009 by BajaRob]
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[*] posted on 2-28-2009 at 09:26 AM


Quote:
Originally posted by gnukid
The builders are idle but developers say wait a little longer for prices to drop. At the moment the prices in many cases are higher to make up for the lack of work!@#$% Though I am sure anyone interested can get a project going at a fair rate now.


The builders now get to pick and choose which workers stay and which ones go- now that the amount of projects and the pace has slowed in baja norte. The sloppy and untalented builders/workers are still available at the same stuck on stupid high prices.




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[*] posted on 2-28-2009 at 09:59 AM


BajaRob,

I'm close to MLP. We go on trips from there as a base by boat and by car. This year I am doing remote camping and adventures to kitesurf, surf, fish and cookout. I like to cook-excellent solar cooked chili and jurel last night!!! Soon I'll be on the Pacific.

At the moment I am on a kitesurfing trip near Punta Gorda. Good wind today as it looks like a north wind has arrived, cooler temps. No wetsuits needed as the water is quite nice.

Mac Shroyer of MLP is an amazing story, a real hero of mine, as is Mary and Neil. They are growing in this economic time, getting more land and homes in the region as I understand and have more and more space and buildings in the area... they took over the Marine Chandlery across from the marina too.

Besides the panga, Mac pioneered a pier pile driving system with high pressure water pump which has allowed him to rebuild the marina stronger and make protected slips for larger boats on the outside. There is space for over 100' grand yachts and a nice community. Smart.
So if you are looking for a marina MLP is a nice community option over the other commercial spots.

Speaking of progress, I know of a few new restaurants and art stores in progress opening soon in La Paz. Many believe this is an excellent time to grow and they are. I'll post more about that as these cool new spots open up including an amazing indigenous art store. We are using stone, recycled construction materials, found wood and carizal to build plus many more artisans are developing traditional skills in these tough times. Its been a lot of fun.

Here's a walkway to a new organic pizzaeria of recycled cement opening sometime in the next year or two.



Acid wash floor using various leftover remains of different colors for sea-like look.






[Edited on 2-28-2009 by gnukid]

[Edited on 2-28-2009 by gnukid]
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DENNIS
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[*] posted on 2-28-2009 at 10:55 AM


Quote:
Originally posted by Woooosh
The builders now get to pick and choose which workers stay and which ones go- now that the amount of projects and the pace has slowed in baja norte. The sloppy and untalented builders/workers are still available at the same stuck on stupid high prices.


There should be a lot of high talent coming out of the states since construction has skidded to a stop. Trouble could be that they want 40 dollars an hour. Starvation will bring a lot of these guys to their senses.
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[*] posted on 3-2-2009 at 06:59 AM


Today's rate: 1 USD=15.317 MXN



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[*] posted on 3-2-2009 at 07:12 AM


Slightly higher than the rate you get at the bank. Any idea who is offering this rate?
Quote:
Originally posted by DENNIS
For those who don't have it at their fingertips, here you go:


http://finance.yahoo.com/currency-converter?amt=1&from=U...


OOOOPS...Just change the currencys and bookmark it and it will stay where it belongs, dollars to pesos.

[Edited on 2-27-2009 by DENNIS]

[Edited on 2-28-2009 by BajaNomad]
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[*] posted on 3-2-2009 at 07:30 AM


Quote:
Originally posted by gnukid
BajaRob,

I'm close to MLP. We go on trips from there as a base by boat and by car. This year I am doing remote camping and adventures to kitesurf, surf, fish and cookout. I like to cook-excellent solar cooked chili and jurel last night!!! Soon I'll be on the Pacific.

At the moment I am on a kitesurfing trip near Punta Gorda. Good wind today as it looks like a north wind has arrived, cooler temps. No wetsuits needed as the water is quite nice.

Mac Shroyer of MLP is an amazing story, a real hero of mine, as is Mary and Neil. They are growing in this economic time, getting more land and homes in the region as I understand and have more and more space and buildings in the area... they took over the Marine Chandlery across from the marina too.

Besides the panga, Mac pioneered a pier pile driving system with high pressure water pump which has allowed him to rebuild the marina stronger and make protected slips for larger boats on the outside. There is space for over 100' grand yachts and a nice community. Smart.
So if you are looking for a marina MLP is a nice community option over the other commercial spots.

Speaking of progress, I know of a few new restaurants and art stores in progress opening soon in La Paz. Many believe this is an excellent time to grow and they are. I'll post more about that as these cool new spots open up including an amazing indigenous art store. We are using stone, recycled construction materials, found wood and carizal to build plus many more artisans are developing traditional skills in these tough times. Its been a lot of fun.

Here's a walkway to a new organic pizzaeria of recycled cement opening sometime in the next year or two.



Acid wash floor using various leftover remains of different colors for sea-like look.






[Edited on 2-28-2009 by gnukid]

[Edited on 2-28-2009 by gnukid]


I adore that acid wash...can u tell me the formula?

also, am just starting solar cooking. what kind of cooker do u have? i made one from a car window shade, and another from cardboard... want to get a fresnel lens




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[*] posted on 3-2-2009 at 07:44 AM
currency


Quote:
Originally posted by DENNIS
For those who don't have it at their fingertips, here you go:


http://finance.yahoo.com/currency-converter?amt=1&from=U...


OOOOPS...Just change the currencys and bookmark it and it will stay where it belongs, dollars to pesos.

Thanks for the information.

[Edited on 2-27-2009 by DENNIS]

[Edited on 2-28-2009 by BajaNomad]




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DENNIS
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[*] posted on 3-2-2009 at 09:48 AM


Quote:
Originally posted by ckiefer
Slightly higher than the rate you get at the bank. Any idea who is offering this rate?


Probably nobody on the street level. It just gives the high end so you can tell how severly you're being screwed.
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[*] posted on 3-2-2009 at 09:53 AM


Quote:
Originally posted by DENNIS
Quote:
Originally posted by Woooosh
The builders now get to pick and choose which workers stay and which ones go- now that the amount of projects and the pace has slowed in baja norte. The sloppy and untalented builders/workers are still available at the same stuck on stupid high prices.


There should be a lot of high talent coming out of the states since construction has skidded to a stop. Trouble could be that they want 40 dollars an hour. Starvation will bring a lot of these guys to their senses.


No senses. They will live for years on beans, rice and tortillas before working for one peso less than they think they deserve. This actually the reason Mexico will fare better than most countries as the world economy slides- Mexicans can live poor for a long time and not get stressed over it.




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DENNIS
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[*] posted on 3-2-2009 at 09:56 AM


Quote:
Originally posted by Woooosh
Mexicans can live poor for a long time and not get stressed over it.


Too bad not all of them choose to do that. A better wage has loaded the cartel ranks with ambitious "workers."
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[*] posted on 3-2-2009 at 10:09 AM


i have noticed some of americans that do work in mexico still charge american fees. i'm wondering why. one reason i am moving to mexico is to survive, and to live affordably, not to continue u.s. standards. of course there are other reasons why i love baja...like fish!



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