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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 Osprey
You shrewd speculators might want to hook up with Baja doctors up and down the peninsula, have them alert you when somebody goes on the DNR list.
Perfect environment here for Sopilotes. |
Well 'O..Spray 
My sentiments exactly 
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Al G
Ultra Nomad
Posts: 2647
Registered: 12-19-2004
Location: Todos Santos/Full time for now...
Member Is Offline
Mood: Wondering what is next???
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| Quote: | Originally posted by castaway$
I appreciate your opinions Al. As I have stated I don't own in Baja as of yet but Intend to. |
I do understand...your opinions are based on desire not need...and mine are based on desire to bring down prices in my target area that went up 1000%
in 1-2 years. I know brokers sitting on many properties that have prices that would give them 1000% +. now if they went through a development process,
with high cost and time...I would feel different. Now I will hope they get it broke off deep. These prices are not justified for a 50 year
lease...that is dependant on who gets elected. Put it this way...if a retiree has the desire to live out his/her life in Baja on a 50 year lease, with
the hope that it will be passed on to their children, and in reality they lose everything. If the price is within the reasonable expectation for the
risk...then they may have enough left to live in dignity somewhere else. If the spectators get their way there will be many people that may lose
their golden years....You must remember this is a LEASE nothing more...if you don't believe me then you didn't see old women crying and old men hands
tremble in the last election when there was a possibility the socialist would win...
Albert G
Remember, if you haven\'t got a smile on your face and laughter in your heart, then you are just a sour old fart!....
The most precious thing we have is life, yet it has absolutely no trade-in value.
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
Member Is Offline
Mood: mellow
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It's beyond me that, with that mentality, you would even look at anything in Baja.
You should consider a 3 bedroom, tract like home with a picket fence, somewhere in the middle of a cornfield in central Kansas.
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Al G
Ultra Nomad
Posts: 2647
Registered: 12-19-2004
Location: Todos Santos/Full time for now...
Member Is Offline
Mood: Wondering what is next???
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| Quote: | Originally posted by vandenberg
It's beyond me that, with that mentality, you would even look at anything in Baja.
You should consider a 3 bedroom, tract like home with a picket fence, somewhere in the middle of a cornfield in central Kansas. |
Everyone has an opinion...mine are based in reality. I have a draw to Baja and will act on that. I do not have to agree with you or the over hyped
prices...or the people who advocate paying more then something is worth...
Albert G
Remember, if you haven\'t got a smile on your face and laughter in your heart, then you are just a sour old fart!....
The most precious thing we have is life, yet it has absolutely no trade-in value.
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Minnow
Banned
Posts: 1110
Registered: 8-30-2002
Location: Lost Wages
Member Is Offline
Mood: Embarrased Harry Reid is a Nevadan
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| Quote: | Originally posted by Al G
"damn I missed again" There is a saying in the game I play..."never try and catch a falling knife"
You are right about getting ready though...but pulling the trigger on the way down can be fatal to your investment unless you in it for a time and are
aware it may never be lucrative.
If your timing is perfect you can still lose...crime gets worse or a socialist is elected and he declares all land returned to the state....both real
possibilities. In fact they are the main reason I believe the Baja market is way over heated...prices have gone up over 200% in a couple years. Some
much more then that, and I don't see the support for that kind of risk. Speculation is a major reason for the price spike and adds to the risk for the
average non spectulator...now is not the time to buy...and spectulators better hang on to their shorts... |
Damn Al, there really is something rolling around up there besides marbles.
Wait until all the finance fraud issues shake themselves out. 25% drop from the highs, is way, way positive.
Houses are still selling in Vegas. The builders are having sales events where they cut their prices by over 15%. Of course, the discount on the ones
that fell through from the original boom is way, way more. More like 27%. We had 40 of them listed, and managed to sell them all, but I think the
current value of those is 15% less, than what those people paid. Can you imagine living in a gated, golf course community, and your neighbor paid
100k more than you did 2 years ago for the same house, and you are still upside down.
This thing has a long way to go yet. Mexico is going to be an after though for most people after this whole mess plays itself out.
Proud husband of a legal immigrant.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by vandenberg
Well 'O..Spray |
Would that be O'Spray of the Dublin O'Sprays? Or was that Jersey City of long time gone?
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Al G
Ultra Nomad
Posts: 2647
Registered: 12-19-2004
Location: Todos Santos/Full time for now...
Member Is Offline
Mood: Wondering what is next???
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| Quote: | Originally posted by grover
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Hey grover...are you inviting me to the wet buzzard for a breakfast burrito and a cup of joe...how did you get the buzzard wet
Albert G
Remember, if you haven\'t got a smile on your face and laughter in your heart, then you are just a sour old fart!....
The most precious thing we have is life, yet it has absolutely no trade-in value.
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Slowmad
Nomad
Posts: 243
Registered: 3-24-2005
Location: Alta California
Member Is Offline
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Say it again.
"When the U.S. sneezes, Baja catches pneumonia."
Add gangs of rogue cops, assasinations, corpse-snatching, sexual assault, and accelerating extortion and you have the perfect recipe for a crash
c-cktail.
Two new armed carjackings on Blvd. 2000 (Popotla bypass) last week.
Donnie Combover has taken down his billboards--even the vaunted Trump project is on its heels.
We'll see high tide again some day.
Just might take a decade or so.
In the meantime be safe out there.
The only requirement for love or chorizo is confidence.
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