Jump to content
Chapala.com Webboard

Here we go again!!


Willie

Recommended Posts

I don't foresee the end of this climb in rents and real estate prices. The Baby Boomers are just coming into their prime--those born in 1946/47--are just a tip of the iceberg, going all the ways through until 1963.  That is 16 years of seniors, some of whom will have a considerable amount of retirement wealth and will want to try the expat lifestyle, and others who will have barely enough for survival and will try living SOB to extend their budget. 

I moved here 3 years ago and I remember the average price of a one-bedroom in Ajijic was $400 or so, with SAT about $350. We bought a property in SAT and thought about building casitas for rental income, then we discovered it would take a couple of decades to recoup our investment. 3 years later, and the idea of building for rental income doesn't seem bad after all. 

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...