the boom is on just closed on one unit this morning and have a full offer on another.:00hourdance2
Again Where in Puerto Rico!! For What Puirpose ? Personal residence ?? Investment ??? On the ocean ???
the boom is on just closed on one unit this morning and have a full offer on another.:00hourdance2
Again Where in Puerto Rico!! For What Puirpose ? Personal residence ?? Investment ??? On the ocean ???
Even if he gave you this information, you wouldn't do anything with it.
Overall construction in Las Vegas is projected to climb this year almost a billion dollars over last year's figure, and we read Bloomberg here saying Las Vegas is on the brink of a boom.
Puerto Rico (before Hurricane Maria) was wracked by a decade of high unemployment and poverty, massive damaging emigration, public health and retirement institutions bankrupt, after that came a horrific national debt crisis and credit rating downgrades - then the hurricane hit....Now PR faces a crisis of abandoned houses and foreclosures.
Those hedge funds and speculative investors you mentioned did decide (before the hurricane) to roll the dice and gamble, buying up distressed luxury properties with pennies on the dollar in Puerto Rico - but now I read in this article Wall Street Firms Gambled on Puerto Rico. They?re Losing... "their wagers are looking increasingly unlucky, especially after the storm."...one fat cat investor said ?We?re going to lose a lot of money...? ... they've closed some of their properties now (tho not damaged in storm) and certainly aren't building anything now and certainly don't plan on building anything for years in PR...
The voice of reason.
need another Vinnie meme right about now...............:0corn
:mj07:
Guy wears the same shirt in every picture....
:mj07:
Guy wears the same shirt in every picture....
Overall construction in Las Vegas is projected to climb this year almost a billion dollars over last year's figure, and we read Bloomberg here saying Las Vegas is on the brink of a boom.
Puerto Rico (before Hurricane Maria) was wracked by a decade of high unemployment and poverty, massive damaging emigration, public health and retirement institutions bankrupt, after that came a horrific national debt crisis and credit rating downgrades - then the hurricane hit....Now PR faces a crisis of abandoned houses and foreclosures.
Those hedge funds and speculative investors you mentioned did decide (before the hurricane) to roll the dice and gamble, buying up distressed luxury properties with pennies on the dollar in Puerto Rico - but now I read in this article Wall Street Firms Gambled on Puerto Rico. They?re Losing... "their wagers are looking increasingly unlucky, especially after the storm."...one fat cat investor said ?We?re going to lose a lot of money...? ... they've closed some of their properties now (tho not damaged in storm) and certainly aren't building anything now and certainly don't plan on building anything for years in PR...
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