Chieftain, do you think it is likely that Yuma, a city with 65% foreign born from across the border, will attract high numbers of Midwestern retirees? Enough retirees to make this land, 40 miles outside of town, appreciate in value?
The comment about staying a friend was tongue-in-cheek, because she really is a friend, not just an acquaintance, so she and I will remain friends even if we disagree on an investment issue:)
On the other issue, I tend to believe my friend, even if that makes me a prejudiced ignorant idiot who makes absurd comments. What’s at stake here is deciding whether to make a real estate investment, so I don’t have the luxury of being politically correct. I need the facts. Therefore, it is important that I know if my assumption is false.
If you could show that there is a high demand among blue collar Americans buying homes in border towns in Texas, Arizona, etc., then I would be corrected. I welcome you to provide accurate information on this topic. It goes to the heart of the financial planner’s sales spiel, that the land will be more valuable because blue collar workers are coming in droves. They would have to come in by the tens of thousands to appreciate land that is 40 miles outside of town. An example of one or two people won’t do. I’m looking for large groups, such as what we see in Florida and Phoenix AZ.
