How the Path to Home Ownership Runs Through Mexico
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Re: How the Path to Home Ownership Runs Through Mexico
#2Since the pandemic I have claimed that a lot of Americans will discover the power of the dollar soon, when they realize that a better QoL is just a passport and a flight away.
The current inflation, rate hikes and the tug of war between buyers and sellers will only expedite this knowledge. The common person in America just cannot win in this casino.
Re: How the Path to Home Ownership Runs Through Mexico
#3Re: How the Path to Home Ownership Runs Through Mexico
#4And what's the path to home ownership for Mexicans being priced out by Americans?
I'm not Mexican nor American, but I'm against this economic neocolonialism where rich countries get to export their self inflicted housing issues by pricing out the locals in cheaper countries who, through no fault of their own, get the short end of the stick by means of capital leverage, or lack thereof.
Laws should be passed in each county to protect the locals from this, but I rarely see this happening as the home owners in each county enjoy watching their assets boom.
Re: How the Path to Home Ownership Runs Through Mexico
#5And what's the path to home ownership for Mexicans being priced out by Americans? I'm not Mexican nor American, but I'm against this economic neocolonialism where rich countries get to export their self inflicted housing issues by pricing out the locals in cheaper countries who, through no fault of their own, get the short end of the stick by means of capital leverage, or lack thereof. Laws should be passed in each c…
Africa?
Re: How the Path to Home Ownership Runs Through Mexico
#6Since the pandemic I have claimed that a lot of Americans will discover the power of the dollar soon, when they realize that a better QoL is just a passport and a flight away. The current inflation, rate hikes and the tug of war between buyers and sellers will only expedite this knowledge. The common person in America just cannot win in this casino.
Unfortunately American passports are not guaranteed immigration vehicles. Even countries with very close economic ties[0] and no language barrier are still a challenge to get labor market access into; and I can totally see that blossoming into full-on NIMBYism-but-for-people if this were to become mainstream.
[0] EU excluded, mostly because the EU was very adamant on tying trade liberalization to immigration liberalization.
Re: How the Path to Home Ownership Runs Through Mexico
#7Since the pandemic I have claimed that a lot of Americans will discover the power of the dollar soon, when they realize that a better QoL is just a passport and a flight away. The current inflation, rate hikes and the tug of war between buyers and sellers will only expedite this knowledge. The common person in America just cannot win in this casino.
> A better QoL is just a passport and a flight away.
Ummmmmm
And an immigration visa.
Re: How the Path to Home Ownership Runs Through Mexico
#8And what's the path to home ownership for Mexicans being priced out by Americans? I'm not Mexican nor American, but I'm against this economic neocolonialism where rich countries get to export their self inflicted housing issues by pricing out the locals in cheaper countries who, through no fault of their own, get the short end of the stick by means of capital leverage, or lack thereof. Laws should be passed in each c…
Historically it has been to move to the US for higher wages. This happened for instance when US ag subsidies combined with opening Mexico's ag market priced out small farmers.
Re: How the Path to Home Ownership Runs Through Mexico
#9Since the pandemic I have claimed that a lot of Americans will discover the power of the dollar soon, when they realize that a better QoL is just a passport and a flight away. The current inflation, rate hikes and the tug of war between buyers and sellers will only expedite this knowledge. The common person in America just cannot win in this casino.
It's famously easy to uproot one's entire life and permanently move to another country.
Re: How the Path to Home Ownership Runs Through Mexico
#10Since the pandemic I have claimed that a lot of Americans will discover the power of the dollar soon, when they realize that a better QoL is just a passport and a flight away. The current inflation, rate hikes and the tug of war between buyers and sellers will only expedite this knowledge. The common person in America just cannot win in this casino.
It's famously easy to uproot one's entire life and permanently move to another country.
It’s not for everyone, but it works for many. I am astounded by how many folks I run into in the states planning to move to Portugal, Spain, Mexico, etc. Definitely more than pre pandemic.