My Blog
Jim
Cramer, a past manager for hedge funds, host of "Mad Money" on CNBC
and a co-founder of TheStreet.com, has made his opinions about two important
factors of Mexico real estate very clear:
1. It is profitable to invest in real estate in this country
2. The drug wars in Mexico
do not effect most of the country
Cramer's
comments about investment focus on diversification for those who are already
investing the U.S.
and Canadian market. I have always felt strongly about diversifying
investments, and, Cramer points out, Mexico is an ideal market.
In
addition to Cramer's statements about buying "out of favor real estate in
Mexico" because of very low property taxes and easy maintenance, a Mexico property investment offers the advantage that it is a less
sophisticated market than in the U.S. or Canada; market information is not as
accessible, and you as an investor have more opportunities to discover hidden
investment "gems" - locations not many people are paying attention to
now, but show a good deal of potential for a real estate boom, or turn around.
More
so than the U.S. or Canada, Mexico is a top real estate
investment choice for those looking for double digit return potentials.
Cramer
also pointed out that "Mexico
is a big country" and "not every ... state is involved in the drug
trade." Hundreds of people have been pointing this out, and groups
of Canadians and Americans who live in Mexico have dedicated
websites to revealing the facts about Mexico; while the drug trade is real, the
majority of residents and communities in this country never seen any of
it. This is true for local Mexicans who live in non-expat communities as
much as for the expats who have made Mexico their home.
Why
is it in the news so much? Shocking news catches attention much more than
non-shocking news; any chance to put a one of these stories in the headlines
means more attention for that news source. When you live in Mexico, you
will open your window every morning, walk through the streets, see children
playing and wonder where all these stories come from ...
Consider
investing in Mexico, and
living in Mexico;
the number of high-profile experts suggesting both of these is growing.
Come and discover its benefits for yourself.