Posted by julie on December 19, 2006, 10:08 pm, in reply to "L.A.Times Article on Mexico"
It's amazing that no one seems to talk about the fact that all this "investing" is happening in areas (La Manzanilla included) that under the Mexican Constitution land within 50 Kilometers from the ocean cannot be owned by ANYONE except members of the existing Ejido. (ANYONE includes Mexican Citizens).|
Speculation anyone??? Anyone else hear of what's happening in Cuastacomate? Not too pretty from what I hear.
The advice should always be the same- "buyer beware". The reality is that no one really knows what is going to happen in the next few years. Anyone for a game of poker??
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