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Author: Subject: Be careful what you ask for
gnukid
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[*] posted on 1-8-2010 at 01:22 PM
Be careful what you ask for


In my crusade for neighborhood, I visited the owners of the neigboring abandoned houses and made a case that after 10 years of abandon perhaps its time to tear it down and put up a fence to keep out drug addicts and squatters, since if we save one kid from a bad experience there it would be worth it.

I encouraged the worst durg addicts and robbers to look for a better future.

Then I went on vacation.

I came back and today they arrested the worst offenders for theft. They are in el cereso. The owners of the abandoned properties arrived with trucks, a team and tractors. They knocked down the public street gardens which I made in the abandoned spaces though I dug up many plants to replant and now we have condos going up and full time security. I am not sure what is worse, a guy smoking weed in an abandoned lot or a 4 level condo and oxxos on every corner, but now I 'll find out.

In La Paz now there are so many developments it is beyond comprehension, perhaps thousands of condos, likely 10-20,000 new units, many in the million dollar range, endless landscapes of new development and yet the vacation homes that exist are mostly abandoned, se renta o se vende. That's progress! doh.
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wessongroup
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[*] posted on 1-8-2010 at 03:57 PM


There goes the neighborhood and the Baja some have known.. but, it is progress.... isn't it? :):)



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rts551
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[*] posted on 1-8-2010 at 04:55 PM


Don't go on vacation. You never know wha will happen!:tumble::tumble:
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mtgoat666
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[*] posted on 1-8-2010 at 05:00 PM


now we know that newtoddler is the root cause of latest development boom in La Paz.

newtoddler, you should get a spot on obama's stimulous team -- we need some economic revitalization in our real estate/construction industry
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DENNIS
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[*] posted on 1-8-2010 at 05:04 PM


You talking to yourself, goat?
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comitan
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[*] posted on 1-8-2010 at 05:05 PM


The problem is its just tooo cold here 54 deg. this morning and its now 5:00 PM and only up to 70 deg.:bounce::bounce::P:lol:



Strive For The Ideal, But Deal With What\'s Real.

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Paula
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[*] posted on 1-8-2010 at 07:45 PM


Quote:
Originally posted by comitan
The problem is its just tooo cold here 54 deg. this morning and its now 5:00 PM and only up to 70 deg.:bounce::bounce::P:lol:



Cold like Loreto!

Terrible!!!!!!!!
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arrowhead
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[*] posted on 1-9-2010 at 12:22 AM


Quote:
Originally posted by DENNIS
You talking to yourself, goat?


You have to understand the goat's thought processes. Fortunately I have experience with autistic and special needs children. His thought process is like this:

gnukid
newkid
newtoddler




No soy por ni contra apatía.
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Bajahowodd
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[*] posted on 1-9-2010 at 01:45 PM


Quote:
Originally posted by comitan
The problem is its just tooo cold here 54 deg. this morning and its now 5:00 PM and only up to 70 deg.:bounce::bounce::P:lol:



If I was you, I'd sell the place and move!:lol:
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gnukid
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[*] posted on 1-9-2010 at 04:17 PM


I wonder about who or what is behind the massive construction underway, yet skeleton crew progress of the endless projects, it's really quite shocking.

The construction certainly is not to meet the need of throngs of buyers and workers who are no where to be seen yet, nor do the projects have a look of innovation or special quality.

Certainly, with a surplus of empty custom beach homes for sale and few moving, abandoned properties common, restaurants barely in business and hotel vacancy at 80%, drakonian steps are in place on the one hand in the face of the economic circumstance, yet huge projects with huge investment are underway changing the face of ownership, business, power, and the entire economic horizon.

Why?
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Bajahowodd
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[*] posted on 1-9-2010 at 04:22 PM


Where are you citing 20% hotel occupancy? Just asking because some areas are doing surprisingly well. Not anywhere near historic highs, but sustainable.
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gnukid
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[*] posted on 1-9-2010 at 04:42 PM


Yeah I guess your right, it is busy on the east cape at the moment, just not so much in La Paz nor do I sales of homes and condos but it could be aboutto change, perhaps its the rising of the phoenix! This next week is expected to be among the busiest in La Ventana with many hotels near full.

Its just a bit of a shock to have it come to your street in one fell swoop, in the form of tractors, police vans, dump trucks, and actual construction crews, the chickens are in hiding perhaps flown the coop, they say they will pave the streets soon and maybe even fill in the huge potholes known as man hole covers, soon. Probably all a bluff.


[Edited on 1-9-2010 by gnukid]
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Don Alley
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[*] posted on 1-9-2010 at 05:57 PM


Quote:
Originally posted by Bajahowodd
Where are you citing 20% hotel occupancy? Just asking because some areas are doing surprisingly well. Not anywhere near historic highs, but sustainable.


radarpolitico.com recently reported 66% occupancy in Los Cabos, and quoted the head of the Loreto hotel association as saying Loreto is at 20%. Don't know about La Paz.

Loreto is also building. Major roadbuilding development on the south side at Playa Salanita, new plaza, more new street paving, and some new finished, but blocked, streets by the hospital and at Puerto Escondido, for some mystical future development.
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wessongroup
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[*] posted on 1-10-2010 at 07:55 AM


The "Why" is a good one... are building permits required.. should be able to find out.. unless it's a secret

Just a thought.. the old one "follow the money" seems to work pretty good:):)




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bajajazz
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[*] posted on 1-10-2010 at 10:28 AM


The oversupply of new construction here in La Paz is ridiculous and it would be ridiculous even if the world economy were not in a profound recession.

Part of the reason, I've heard from knowledgeable people, is that the city fathers get a kickback on every building permit issued, so it is in their personal financial interest to approve permits even if no valid reason exists for the structure to be built.

Another part of the reason is that the party in power at the city and state levels (PRD/PT) are the "working man's parties" and they'll approve most anything that creates jobs, whether the project is a good idea or not.

Yet another part of the reason is that politicians authorize and steer development of projects on land they already own or have previously puchased at rock-bottom prices, without regard to aesthetics or functional necessity. This practice is as common in the USA as it is here. In my working days I often had reason to believe that city hall in San Francisco was the biggest real estate office in town, especially when Alioto and Feinstein were mayors.

I find it hard to believe that La Paz, a capitol city, would ever be the location of casino gambling but that is what I've been told, by the scion of one of the "old money" families who invited me to invest in the Mogote mess. By the way, two new sports-book gambling facilities are approved and under construction right now, one of them to be in the failed bowling alley on Forjadores.

Since we have every reason to believe that the economic disaster currently underway is going to get one helluva' lot worse before it gets better, the construction that's going on here is extremely ill-advised -- unless there is some secret gameplan to transform La Paz into a Mexican Las Vegas.
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wessongroup
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[*] posted on 1-10-2010 at 04:50 PM


Thanks bajajazz, for all the info..

Might be in anticipation of some movement from FL... check their weather.. 17º.. in FL.. and the real estate market .. seems to be a natural for Baja.. on airports, it's been almost 20 years since I flew down Cabo via LAX..




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