How much of those IMF prestamos the Senate approves every 3 months is funnelled into these projects? Would be interesting to know who the real owners/investors are. 🤔
If the DR didn’t have a relatively fast growing economy, then it would really be a baffled. I think sometimes people don’t think what can be expected of a place that has seen fast economic growth for quite a few years. Plus, the diaspora is also playing an important role in purchasing Dominican real estate, particularly away from the tourist zones where generally gring@s don’t buy.
A few weeks ago I heard someone commenting that the DR is now a place where you can’t tell who has money and who doesn’t by their last names, as it was the case for a very long time. There is some from not so nice activities, but most is simply the effect of sustained economic growth and a growing diaspora that generally retains an interest in the DR. The days of a new middle class family with the last name Rodríguez can’t be deciphered by the typical question from older folks “they are of the Rodríguez from Santiago or Santo Domingo?” Uh, no; they are the Rodríguez from Nagua and they have never dealt with drugs, scams, etc. Never heard of those Rodríguez because the DR is becoming the type of place where money isn’t concentrated in judt a few families with household names and not related to illicit activities either.
Changes in the DR is nothing new. It wasn’t that long when SD was the largest city and it was simply a town, when most people lived in the countryside, when most people lived in wooden homes, etc. Very different from today’s DR.