Indeed a recession will make south/central america properties less attractive to American and European ...it is a buyer market, i agree with that.

It's so much that land owners would have to adjust their price point to keep their properties as atractive to americans like before the real estate market plumeted . I agree.

I was wondering why you have never asked me about the price point...and maybe it is the time to tell you. 1.25MIL , which translates to less than 200k per KM of beach front. I guess I could buy for less but not much less in other emergin markets.

Ortega yes , Ortega no....political turmoils etc...great price point is still a king in any real estate transaction. Many people are afraid og Nica and I understand why....there is a political uncertainty and bad political inclination but Ortega will not stay forever and he is also the owner of real estate holdings in Nicaragua Pacific coast. He also knows that it is his last session in power and it is a good time to make friends not enemies.

Nationalisation is absulotly something that will not happened this time around.


Resprctfully,


zack