By Suzan Haskins .Latin America Editor for International Living
Over cocktails with a friend recently, discussion soon turned to real estate. My friend was a real estate broker for 30 years in the U.S. before moving to Mexico six years ago. Here in Merida, he’s back in the game…couldn’t stop himself, he says, since he sees so much potential here.We talked about the real estate debacle in the U.S. right now…how prices have fallen and may continue to do so. In some places, U.S. real estate prices are now comparable to prices in Mexico. For what you might spend on a luxury home in Merida these days, for example, you could buy a very comfortable home in Tulsa, Topeka, Omaha (where I’m from), and even Dallas, where my friend lived for awhile.“But who wants to live in those places,” my friend asked, “especially after living here in Merida?”What makes living in Merida so special? The always-warm weather, the lively cultural scene, the happy people, and the affordability. Sure, property prices aren’t that much better than some places in the U.S., but when you compare apples to apples, the Merida resident comes out far ahead. Living in Merida is, in fact, more akin to living in some of the most fashionable U.S. cities…
For more information, please visit International Living Postcards in http://www.internationalliving.com of Tuesday, Feb. 19, 2008
