Quote: (02-02-2019 07:20 PM)Tail Gunner Wrote:
When investors panic (or capitulate to a long-term negative event) and sell their investment properties, it presents a good time to buy. Always invest when blood is in the streets (or the sargassum is on the shore).
Tulum is a developing beach town in Mexico(near lawless country) so I wouldn't be so quick to think of investing JMO. One of the reasons it is mostly safe now is due to tourism dollars. Take those away and things change and you can't fix a bad reputation overnight. If they don't get the sargassum under control Tulum will go back to being a small town close to the beach except now with a bunch of shell buildings full of mold. The electric grid issue in Tulum is serious. Any building would be a mold fest in a couple of years. Then the real decaying would begin.