Home › Forums › Financial Markets/Economics › Where to go… hypothetical, kind of?
- This topic has 65 replies, 12 voices, and was last updated 15 years, 8 months ago by fuggy.
-
AuthorPosts
-
February 24, 2009 at 8:46 AM #353500February 24, 2009 at 8:53 AM #353649pertinazzioParticipant
“Where would you go? I just wanted some opinions on this site. What city and state would you head to, or country?”
In the event our resources are inadequate for real retirement 10-12 years from now, we would consider relocating to the pacific coast of Nicaragua. Physically it is very similar to Costa Rica but has not yet been overrun with expensive developments for the second house crowd. San Juan del Sur is delightful:
http://www.sanjuandelsur.org.ni/
Locally grown foods and free range cattle are abundant slightly inland. When I last looked into this (2005) Nicaragua had the lowest delinquency rates (CR not excluded) in all of Central America. Nice people too – its like a throw back to a simpler time.
Incidentally (since this is a RE site) when my little old lady and I visited in 2005 there was a full blown realestate mania in progress. We ended up buying three different building lots for a total of 45K. We were told two years later that they were now worth 100K. Now we suspect we couldn’t get what we paid for them. One lot is very near Popooyo on a shrimp and wildlife filled lagoon (estero) right where the lagoon opens drains out onto the beach. Looks like something right out of a adventure travel brochure.
February 24, 2009 at 8:53 AM #353205pertinazzioParticipant“Where would you go? I just wanted some opinions on this site. What city and state would you head to, or country?”
In the event our resources are inadequate for real retirement 10-12 years from now, we would consider relocating to the pacific coast of Nicaragua. Physically it is very similar to Costa Rica but has not yet been overrun with expensive developments for the second house crowd. San Juan del Sur is delightful:
http://www.sanjuandelsur.org.ni/
Locally grown foods and free range cattle are abundant slightly inland. When I last looked into this (2005) Nicaragua had the lowest delinquency rates (CR not excluded) in all of Central America. Nice people too – its like a throw back to a simpler time.
Incidentally (since this is a RE site) when my little old lady and I visited in 2005 there was a full blown realestate mania in progress. We ended up buying three different building lots for a total of 45K. We were told two years later that they were now worth 100K. Now we suspect we couldn’t get what we paid for them. One lot is very near Popooyo on a shrimp and wildlife filled lagoon (estero) right where the lagoon opens drains out onto the beach. Looks like something right out of a adventure travel brochure.
February 24, 2009 at 8:53 AM #353680pertinazzioParticipant“Where would you go? I just wanted some opinions on this site. What city and state would you head to, or country?”
In the event our resources are inadequate for real retirement 10-12 years from now, we would consider relocating to the pacific coast of Nicaragua. Physically it is very similar to Costa Rica but has not yet been overrun with expensive developments for the second house crowd. San Juan del Sur is delightful:
http://www.sanjuandelsur.org.ni/
Locally grown foods and free range cattle are abundant slightly inland. When I last looked into this (2005) Nicaragua had the lowest delinquency rates (CR not excluded) in all of Central America. Nice people too – its like a throw back to a simpler time.
Incidentally (since this is a RE site) when my little old lady and I visited in 2005 there was a full blown realestate mania in progress. We ended up buying three different building lots for a total of 45K. We were told two years later that they were now worth 100K. Now we suspect we couldn’t get what we paid for them. One lot is very near Popooyo on a shrimp and wildlife filled lagoon (estero) right where the lagoon opens drains out onto the beach. Looks like something right out of a adventure travel brochure.
February 24, 2009 at 8:53 AM #353515pertinazzioParticipant“Where would you go? I just wanted some opinions on this site. What city and state would you head to, or country?”
In the event our resources are inadequate for real retirement 10-12 years from now, we would consider relocating to the pacific coast of Nicaragua. Physically it is very similar to Costa Rica but has not yet been overrun with expensive developments for the second house crowd. San Juan del Sur is delightful:
http://www.sanjuandelsur.org.ni/
Locally grown foods and free range cattle are abundant slightly inland. When I last looked into this (2005) Nicaragua had the lowest delinquency rates (CR not excluded) in all of Central America. Nice people too – its like a throw back to a simpler time.
Incidentally (since this is a RE site) when my little old lady and I visited in 2005 there was a full blown realestate mania in progress. We ended up buying three different building lots for a total of 45K. We were told two years later that they were now worth 100K. Now we suspect we couldn’t get what we paid for them. One lot is very near Popooyo on a shrimp and wildlife filled lagoon (estero) right where the lagoon opens drains out onto the beach. Looks like something right out of a adventure travel brochure.
February 24, 2009 at 8:53 AM #353785pertinazzioParticipant“Where would you go? I just wanted some opinions on this site. What city and state would you head to, or country?”
In the event our resources are inadequate for real retirement 10-12 years from now, we would consider relocating to the pacific coast of Nicaragua. Physically it is very similar to Costa Rica but has not yet been overrun with expensive developments for the second house crowd. San Juan del Sur is delightful:
http://www.sanjuandelsur.org.ni/
Locally grown foods and free range cattle are abundant slightly inland. When I last looked into this (2005) Nicaragua had the lowest delinquency rates (CR not excluded) in all of Central America. Nice people too – its like a throw back to a simpler time.
Incidentally (since this is a RE site) when my little old lady and I visited in 2005 there was a full blown realestate mania in progress. We ended up buying three different building lots for a total of 45K. We were told two years later that they were now worth 100K. Now we suspect we couldn’t get what we paid for them. One lot is very near Popooyo on a shrimp and wildlife filled lagoon (estero) right where the lagoon opens drains out onto the beach. Looks like something right out of a adventure travel brochure.
February 24, 2009 at 10:05 AM #353631ArrayaParticipantWithin the US, the Northwest is a popular haven for survivalists due to its environment and population density. Oregon, more specifically. Idaho has it’s own but they tend to be overly religious and a little weird, IMO
Outside of US, New Zealand is a popular get away as well as certain locales in South America. A good friend of mine is married to a Peruvian woman and they are going to pick up a piece of land down their this summer. It’s been reported in a South American news paper that the Bush family bought a 100K acre ranch in Uruguay.
Mad Max is not an appropriate analogy. Think more “Children of Men” in the short term. Extremely high unemployment and the wealthy barricaded in certain areas with a very brutal government. They have been modifying and creating laws for the last 8 years to deal with this sort of thing. The Bill of Rights is no longer valid legally and certain privacy eroding laws will ensure that no dissent will be allowed.
This collapse should start accelerating here in the spring-summer with a lot of high profile BKs and very high unemployment numbers. I’d say by this time next years we won’t recognize our country.
Looking around the world it’s pretty easy to see that there is a immense amount of inertia in the east to start currencies backed by something and Rumor has it they will be launched by early 2010. The time frames are rumors the mass intention is not. I recommend to anybody that they should read Putin’s speech from Davos. It’s quite enlightening.
The whole western financial system is insolvent and the baltic and eastern european states are about to start defaulting and our biggest banks are about to be nationalized, which really is not really what nationalizing is about this is more a dump the junk on America move. If everybody has not noticed no matter how much money we give the banks it does not solve the problem.
Right now, it looks like our officials are faking it. It’s not hard to see that the economy that we have been dependent of for the last 35 years is not going to be possible anymore. The FIRE economy is going to be a fraction of what it was and all the service and retail that is supported is going away. I’d expect GM to go down pretty soon which makes certain portions of the midwest a wasteland. In Detroit the average home cost about 18K. Combine this with a general shrinkage in all other sections and I’d put unemployment 25-35% by mid-late 2010. Supposedly 1 in 9 Americans are on food stamps right now and unemployment is already close to 14% according to the un-scrubbed government numbers. They do keep two sets of books and only release the scrubbed numbers as official.
February 24, 2009 at 10:05 AM #353321ArrayaParticipantWithin the US, the Northwest is a popular haven for survivalists due to its environment and population density. Oregon, more specifically. Idaho has it’s own but they tend to be overly religious and a little weird, IMO
Outside of US, New Zealand is a popular get away as well as certain locales in South America. A good friend of mine is married to a Peruvian woman and they are going to pick up a piece of land down their this summer. It’s been reported in a South American news paper that the Bush family bought a 100K acre ranch in Uruguay.
Mad Max is not an appropriate analogy. Think more “Children of Men” in the short term. Extremely high unemployment and the wealthy barricaded in certain areas with a very brutal government. They have been modifying and creating laws for the last 8 years to deal with this sort of thing. The Bill of Rights is no longer valid legally and certain privacy eroding laws will ensure that no dissent will be allowed.
This collapse should start accelerating here in the spring-summer with a lot of high profile BKs and very high unemployment numbers. I’d say by this time next years we won’t recognize our country.
Looking around the world it’s pretty easy to see that there is a immense amount of inertia in the east to start currencies backed by something and Rumor has it they will be launched by early 2010. The time frames are rumors the mass intention is not. I recommend to anybody that they should read Putin’s speech from Davos. It’s quite enlightening.
The whole western financial system is insolvent and the baltic and eastern european states are about to start defaulting and our biggest banks are about to be nationalized, which really is not really what nationalizing is about this is more a dump the junk on America move. If everybody has not noticed no matter how much money we give the banks it does not solve the problem.
Right now, it looks like our officials are faking it. It’s not hard to see that the economy that we have been dependent of for the last 35 years is not going to be possible anymore. The FIRE economy is going to be a fraction of what it was and all the service and retail that is supported is going away. I’d expect GM to go down pretty soon which makes certain portions of the midwest a wasteland. In Detroit the average home cost about 18K. Combine this with a general shrinkage in all other sections and I’d put unemployment 25-35% by mid-late 2010. Supposedly 1 in 9 Americans are on food stamps right now and unemployment is already close to 14% according to the un-scrubbed government numbers. They do keep two sets of books and only release the scrubbed numbers as official.
February 24, 2009 at 10:05 AM #353901ArrayaParticipantWithin the US, the Northwest is a popular haven for survivalists due to its environment and population density. Oregon, more specifically. Idaho has it’s own but they tend to be overly religious and a little weird, IMO
Outside of US, New Zealand is a popular get away as well as certain locales in South America. A good friend of mine is married to a Peruvian woman and they are going to pick up a piece of land down their this summer. It’s been reported in a South American news paper that the Bush family bought a 100K acre ranch in Uruguay.
Mad Max is not an appropriate analogy. Think more “Children of Men” in the short term. Extremely high unemployment and the wealthy barricaded in certain areas with a very brutal government. They have been modifying and creating laws for the last 8 years to deal with this sort of thing. The Bill of Rights is no longer valid legally and certain privacy eroding laws will ensure that no dissent will be allowed.
This collapse should start accelerating here in the spring-summer with a lot of high profile BKs and very high unemployment numbers. I’d say by this time next years we won’t recognize our country.
Looking around the world it’s pretty easy to see that there is a immense amount of inertia in the east to start currencies backed by something and Rumor has it they will be launched by early 2010. The time frames are rumors the mass intention is not. I recommend to anybody that they should read Putin’s speech from Davos. It’s quite enlightening.
The whole western financial system is insolvent and the baltic and eastern european states are about to start defaulting and our biggest banks are about to be nationalized, which really is not really what nationalizing is about this is more a dump the junk on America move. If everybody has not noticed no matter how much money we give the banks it does not solve the problem.
Right now, it looks like our officials are faking it. It’s not hard to see that the economy that we have been dependent of for the last 35 years is not going to be possible anymore. The FIRE economy is going to be a fraction of what it was and all the service and retail that is supported is going away. I’d expect GM to go down pretty soon which makes certain portions of the midwest a wasteland. In Detroit the average home cost about 18K. Combine this with a general shrinkage in all other sections and I’d put unemployment 25-35% by mid-late 2010. Supposedly 1 in 9 Americans are on food stamps right now and unemployment is already close to 14% according to the un-scrubbed government numbers. They do keep two sets of books and only release the scrubbed numbers as official.
February 24, 2009 at 10:05 AM #353797ArrayaParticipantWithin the US, the Northwest is a popular haven for survivalists due to its environment and population density. Oregon, more specifically. Idaho has it’s own but they tend to be overly religious and a little weird, IMO
Outside of US, New Zealand is a popular get away as well as certain locales in South America. A good friend of mine is married to a Peruvian woman and they are going to pick up a piece of land down their this summer. It’s been reported in a South American news paper that the Bush family bought a 100K acre ranch in Uruguay.
Mad Max is not an appropriate analogy. Think more “Children of Men” in the short term. Extremely high unemployment and the wealthy barricaded in certain areas with a very brutal government. They have been modifying and creating laws for the last 8 years to deal with this sort of thing. The Bill of Rights is no longer valid legally and certain privacy eroding laws will ensure that no dissent will be allowed.
This collapse should start accelerating here in the spring-summer with a lot of high profile BKs and very high unemployment numbers. I’d say by this time next years we won’t recognize our country.
Looking around the world it’s pretty easy to see that there is a immense amount of inertia in the east to start currencies backed by something and Rumor has it they will be launched by early 2010. The time frames are rumors the mass intention is not. I recommend to anybody that they should read Putin’s speech from Davos. It’s quite enlightening.
The whole western financial system is insolvent and the baltic and eastern european states are about to start defaulting and our biggest banks are about to be nationalized, which really is not really what nationalizing is about this is more a dump the junk on America move. If everybody has not noticed no matter how much money we give the banks it does not solve the problem.
Right now, it looks like our officials are faking it. It’s not hard to see that the economy that we have been dependent of for the last 35 years is not going to be possible anymore. The FIRE economy is going to be a fraction of what it was and all the service and retail that is supported is going away. I’d expect GM to go down pretty soon which makes certain portions of the midwest a wasteland. In Detroit the average home cost about 18K. Combine this with a general shrinkage in all other sections and I’d put unemployment 25-35% by mid-late 2010. Supposedly 1 in 9 Americans are on food stamps right now and unemployment is already close to 14% according to the un-scrubbed government numbers. They do keep two sets of books and only release the scrubbed numbers as official.
February 24, 2009 at 10:05 AM #353766ArrayaParticipantWithin the US, the Northwest is a popular haven for survivalists due to its environment and population density. Oregon, more specifically. Idaho has it’s own but they tend to be overly religious and a little weird, IMO
Outside of US, New Zealand is a popular get away as well as certain locales in South America. A good friend of mine is married to a Peruvian woman and they are going to pick up a piece of land down their this summer. It’s been reported in a South American news paper that the Bush family bought a 100K acre ranch in Uruguay.
Mad Max is not an appropriate analogy. Think more “Children of Men” in the short term. Extremely high unemployment and the wealthy barricaded in certain areas with a very brutal government. They have been modifying and creating laws for the last 8 years to deal with this sort of thing. The Bill of Rights is no longer valid legally and certain privacy eroding laws will ensure that no dissent will be allowed.
This collapse should start accelerating here in the spring-summer with a lot of high profile BKs and very high unemployment numbers. I’d say by this time next years we won’t recognize our country.
Looking around the world it’s pretty easy to see that there is a immense amount of inertia in the east to start currencies backed by something and Rumor has it they will be launched by early 2010. The time frames are rumors the mass intention is not. I recommend to anybody that they should read Putin’s speech from Davos. It’s quite enlightening.
The whole western financial system is insolvent and the baltic and eastern european states are about to start defaulting and our biggest banks are about to be nationalized, which really is not really what nationalizing is about this is more a dump the junk on America move. If everybody has not noticed no matter how much money we give the banks it does not solve the problem.
Right now, it looks like our officials are faking it. It’s not hard to see that the economy that we have been dependent of for the last 35 years is not going to be possible anymore. The FIRE economy is going to be a fraction of what it was and all the service and retail that is supported is going away. I’d expect GM to go down pretty soon which makes certain portions of the midwest a wasteland. In Detroit the average home cost about 18K. Combine this with a general shrinkage in all other sections and I’d put unemployment 25-35% by mid-late 2010. Supposedly 1 in 9 Americans are on food stamps right now and unemployment is already close to 14% according to the un-scrubbed government numbers. They do keep two sets of books and only release the scrubbed numbers as official.
February 24, 2009 at 10:43 AM #353873sdrealtorParticipantWhat about that cavehouse someone posted about a few days ago. Was in Ohio or Missori.
February 24, 2009 at 10:43 AM #353843sdrealtorParticipantWhat about that cavehouse someone posted about a few days ago. Was in Ohio or Missori.
February 24, 2009 at 10:43 AM #353397sdrealtorParticipantWhat about that cavehouse someone posted about a few days ago. Was in Ohio or Missori.
February 24, 2009 at 10:43 AM #353976sdrealtorParticipantWhat about that cavehouse someone posted about a few days ago. Was in Ohio or Missori.
-
AuthorPosts
- You must be logged in to reply to this topic.