Oh dear! …real estate promotional pieces? Just to clear up what it is that I do for a living…. At Yucatan Living, I write the weekly news and events. The news stories I write those I believe will be of interest to our readers. I am not in the real estate business, but – for another website – I do conduct research for real estate investors, particularly in the states along the east coast of Mexico. In that capacity, I do my own research. I never rely on any undocumented claim made by anyone, especially the media. What I have found is that Mexico, just like the U.S. and all other nations, has areas, usually in large cities, that are badly affected by poverty and crime. As in the rest of the world, these areas remain, regardless of the government that is in power at any given moment. That fact, however, does not tarnish the extraordinarily peaceful lifestyle of most of the Mexican people. As for cyclical inflationary real estate prices and the potential for a crash – that risk is as true of Mexico as it is of any other place in the world… except – Mexico came to the game late and has the benefit of seeing the end of the story relative to some unethical profit-taking practices (aka unchecked greed in lending) in other nations, and has both the time and the collective will to avoid those inevitable real estate tragedies. At this time, I know of no one who is – or should be – fearful of investing in quality real estate anywhere in Mexico.

Re: recent elections and (so-called) complete repudiation of the current government…
We are not supposed to get involved in politics… but – In the interest of a bit of political clarity for our readers …. Mexico has quite a few political parties, which makes it difficult for any one party to carry a clear mandate. When this mid-term election was over, no party had a clear majority. One particular party did have 36% of the seats in the lower chamber. Another party had 14.4% of the seats and just so happens to vote, much of the time, with the 36% party. So the 36% party simply added the two together and began holding press conferences saying that they won with 50.4% of the seats in the lower house and that the current government has now been “completely repudiated.” This is proof positive that anybody can hold a press conference in Mexico – but that is all that it is proof positive of. (sorry about the dangling preposition – but it just seemed ok this one time)

One begs to differ, however, with the segment linked to an American real estate promoter in Puerto Vallarta, which includes comments that would make Mexico is in the midst of some wonderful public safety and economic development situation.

That simply is not true, and while folks may sleep well at night in Mérida, a huge portion of Mexico is full of violence, corruption, public administration breakdown, economic gridlock, kidnapping, rampant extortion and static real esate markets in 90 per cent of the country.

One of Mexico´s largest and oldest expatriate communities, the Mormon colony of Chihuahua, has been under attack, and two leaders of Le Barón, Chihuahua, after protesting against the wave of kidnapping going on from the northern border to Mexico City, were pulled out of their houses at one in the morning this week and then killed and tossed out on a dirt road.

The recent national elections showed a complete repudiation of the current Mexican government.

It is fine to point out all the marvelous events and people in Mexico, but let us not portray a false image with these promotional real estate pieces. Mexico has a long tradition of cyclical inflationary real estate prices, which then in turn plunge in economic crisis, similar to what has recently occured in the U.S. and Europe.

Thanks for posting – it really could help!

Pls let us know if they find the owner!

http://www.bloomberg.com/apps/news?pid=20601088&sid=ay0Mk1T59hi8

http://www.panthera.org/

Viva kitties!

(P.S. I hope the cute dawg finds a nice home too.)