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Re: marcos post# 1760

Thursday, 06/19/2003 9:01:10 PM

Thursday, June 19, 2003 9:01:10 PM

Post# of 3563
<try to catch well the current real estate upswing here>

Where exactly do you live in Mexico?

I had some property in Ajijic, near Guadalajara, that I sold last year for a decent profit... Ajijic is a great place, lots of international ex-pats down there from all over the world, great atmosphere for a gringo... But got worried about Lake Chapala being drained bone dry which would/will destroy property values there in the not too distant future... Mexico government has continually delayed (i.e. for over 15 yars) building the necessary dams and taking other measures to replenish Lake Chapala and rain falls over the last few years have been lower than normal... It will be a dust bowl if Guadalajara continues to use the lake as a primary drinking water source...

In any event, I am looking for another suitable place in Mexico to retire...



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