Plunging into Baja
Leading the charge south of the border, Southland buyers are snatching up bargain-priced retirement or second homes on the beach.
By Ann Brenoff, Times Staff Writer
October 22, 2006
THE trick to buying a home in Mexico, say those who have done it, is to not leave your brain at the border. The days of writing up deals on bar napkins and sealing them with a handshake and a shot of tequila are over — or should be, experts say.
That said, you can buy an oceanfront home in Baja for about one-third of what it would cost 30 minutes north of the border. And that alone was probably enough motivation for the 1.5 million Americans who own homes in Mexico today, according to estimates from the Mexico Assn. of Real Estate Professionals. The number is expected to jump to 12 million within 20 years as more baby boomers retire south of the border.
2006-10-25 12:47:04 · 15 answers · asked by Anonymous in Politics & Government ➔ Immigration
It's okay to keep Mexicans out, but we want to help ourselves to their nation...
2006-10-25 12:53:00 · answer #1 · answered by 4 · 3⤊ 7⤋
they are in retirement villages they cant buy land in mexico especially on the coast . And Americans don't go to mexico to look for jobs and suck off the tax payers
PUNTA BANDA, Mexico -- Hundreds of Mexican police arrived at this bay-side enclave of Americans yesterday morning to enforce a federal order that the land be returned to its original owners.
Many of the Americans left their homes immediately, their cars hurriedly crammed with clothes, picture albums, file cabinets, computer equipment -- anything they could carry.
Others tried to negotiate with their new landlords so they could stay in the houses they had built. Some are worth as much as $1 million, while others are more modest, $50,000 structures.
The arrival of the convoy of federal, state and municipal police closes a tumultuous chapter in a land battle that for the past 14 years has enveloped this sand spit south of Ensenada, about 100 miles from the U.S. border.
"All I know is that this is not right," said Gary Giannini, a retired grocery warehouse checker from Whittier, as he gazed at the crashing waves outside his window.
"This house has been my dream. We've put 11 years into this place, and they won't even let us spend the night here."
On Oct. 23, Mexico's Supreme Court gave the Agrarian Reform Ministry 10 days to return the land to a group of claimants who had been fighting since 1987 to regain the properties. The court's order cannot be appealed.
sounds like really good neighbors NOT!!! peddle your load of crap somewhere else !
2006-10-25 12:58:51 · answer #2 · answered by hayleylov 6 · 1⤊ 1⤋
Granted, I would love to be in a warmer climat than I am now.. but I would stay within my own country. My family and friends are here, my heritage is here. I have no reason to go to another country, other than to visit and learn a bit of their culture, and meet some of the people.
2006-10-25 13:05:12 · answer #3 · answered by sassy 6 · 0⤊ 0⤋
Mexico will once again benefit from American money. In this entire immigration issue, no one is ever going to fully win or lose.
2006-10-25 13:54:24 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The boomers are already here and older retirees are being pushed out. Some of us are thinking of moving to Honduras or Ecuador where its much cheaper. The boomers have ruined it.
2006-10-25 13:17:30 · answer #5 · answered by lpaganus 6 · 0⤊ 0⤋
The beer is cheaper in Mexico so are hotels and fast foods. A pizza in Mexico cost $ 2.00 dollars in America $ 14 dollars. A whooper cost 50 cents in America on $ 2.50
2006-10-25 13:01:30 · answer #6 · answered by Carol R 1 · 1⤊ 2⤋
maximum are there for corporation motives. people want to retire in Mexico by way of climate, the low value genuine factors and the custom. i'm undecided with reference to the taxes - maximum in all risk paid to the host government (Mexico).
2016-10-16 10:08:21 · answer #7 · answered by ? 4 · 0⤊ 0⤋
More American Dollars pouring into Mexico.
WHAT DO YOU CARE?
Sounds like a winning situation for Mexico.
2006-10-25 12:49:16 · answer #8 · answered by Anonymous · 6⤊ 0⤋
It would benefit you to check the Laws of Mexico before you make incorrect statements. Only Mexican Citizens can OWN Seaside Properties.
2006-10-25 12:57:25 · answer #9 · answered by Sentinel 5 · 2⤊ 2⤋
well it's a far trade ,we send all of our old people down there ,(like we did to arizona and miami) and they send us a unwanted amount of cheap labor . everybody gets screwed ! they life off us by exploting american sympathy and our old folks buy up what left of decent property in mexico. Maybe if we sent so many old people down to mexico maybe they will know how it feels to get people in their contry they dont want or need . it will be interesting to see.
2006-10-25 13:03:57 · answer #10 · answered by KC 1 · 0⤊ 3⤋
You act like thats a new concept!! Thats been going on forever!! And I never really hear Mexican complaining about that.
2006-10-25 12:54:13 · answer #11 · answered by SittinPretty! 4 · 3⤊ 1⤋