I'm surprised at the low level of confidence members here have in the survival of the DR post covid19. Some of the members suggest that the fall will be so great that the DR will only survive in a socialist government."Tourism is dead". "There is no hope for a return to the 'glory days' ". "Millions of Dominicans rely on remittances and the downturn in the U.S. economy will result in the death of these people".
All doom and gloom forecasted on feelings. Feeling fueled by fear of the unknown, frustration with the virus, desperation, and playing follow the leader and not thinking out the near distant future.
I disagree. Let me give you a somewhat different viewpoint of why opinions of doom and gloom are flawed.
Disclosure: I do not own any property in the DR. I rent an apartment. I do not have any interest in a major business in the DR. I am a real estate speculator in several cities in the U.S. With that being said:
(1) Why would anyone think that the tourism business in the DR is dead and buried and never to return ?
The DR has the same attractions now, in the short term future after covid, and the long term future.
We all know what those attributes are. Short distance from ice and snow to sunny beaches with 85 degree temps. Cheap airfare.Nice people. Etc. etc.
The DR hotel industry has billions of dollars invested and continues to invest with many projects in the works. What do you think they do know? Walk away? No. They will continue to invest, promote with gusto and to continue to survive better than before. And the government will support it since their "stake" in the deal is gigantic. BTW, don't pay attention tone of our resident Communist members that continues to promote an agenda of a return to life to a low life pedophile. That's not what is going to happen. Even the corrupt pols of the DR need a steady cash flow to exist. Strange? You bet. but that's the way it works. AND, the drug trade needs to keep building. Very necessary to the food chain. And if the government needs money they know who to call
2. The airlines: Some posters suggest that the airlines will just stop coming. "Not enough people so they won't stop here". Hmm 12 million last year, none this year. If you are in the airline biz you need to fly. You need to secure a hub. You need to satisfy the stock holders. Employ people. Pay the union contracts. You need to FLY. Last week I flew on a big brand new jet 3 seats X 3 seats. Long as a city block. There were 14 people on the flight! Why? That's there business in good times. That city had 11-12 million visitors last year.
3. Not ALL people are broke: High unemployment is not good. Is it going to stay that way? Of course not. But even at 15 % un employ that means 85% are working. And in a few months the will be 5% or less unemployment. Do you think the gub is continuing handing out the dole?? Forget that. Trump only hands that out till he gets re-elected.
People have been locked up for a very long time. They want out? They are going away this summer with the kids. They are going away from the ice and cold this winter. Think not? Think again. Give this subject forward thinking.
I will be on one of the first planes back to the DR. (Along with Badpiece that asks everyday "When are we leaving" LOL)
Enough for now. These are my thoughts only but from the mind a life long speculator. Think positive.
Happy Easter to all. Pray hard. Make it happen.
All doom and gloom forecasted on feelings. Feeling fueled by fear of the unknown, frustration with the virus, desperation, and playing follow the leader and not thinking out the near distant future.
I disagree. Let me give you a somewhat different viewpoint of why opinions of doom and gloom are flawed.
Disclosure: I do not own any property in the DR. I rent an apartment. I do not have any interest in a major business in the DR. I am a real estate speculator in several cities in the U.S. With that being said:
(1) Why would anyone think that the tourism business in the DR is dead and buried and never to return ?
The DR has the same attractions now, in the short term future after covid, and the long term future.
We all know what those attributes are. Short distance from ice and snow to sunny beaches with 85 degree temps. Cheap airfare.Nice people. Etc. etc.
The DR hotel industry has billions of dollars invested and continues to invest with many projects in the works. What do you think they do know? Walk away? No. They will continue to invest, promote with gusto and to continue to survive better than before. And the government will support it since their "stake" in the deal is gigantic. BTW, don't pay attention tone of our resident Communist members that continues to promote an agenda of a return to life to a low life pedophile. That's not what is going to happen. Even the corrupt pols of the DR need a steady cash flow to exist. Strange? You bet. but that's the way it works. AND, the drug trade needs to keep building. Very necessary to the food chain. And if the government needs money they know who to call
2. The airlines: Some posters suggest that the airlines will just stop coming. "Not enough people so they won't stop here". Hmm 12 million last year, none this year. If you are in the airline biz you need to fly. You need to secure a hub. You need to satisfy the stock holders. Employ people. Pay the union contracts. You need to FLY. Last week I flew on a big brand new jet 3 seats X 3 seats. Long as a city block. There were 14 people on the flight! Why? That's there business in good times. That city had 11-12 million visitors last year.
3. Not ALL people are broke: High unemployment is not good. Is it going to stay that way? Of course not. But even at 15 % un employ that means 85% are working. And in a few months the will be 5% or less unemployment. Do you think the gub is continuing handing out the dole?? Forget that. Trump only hands that out till he gets re-elected.
People have been locked up for a very long time. They want out? They are going away this summer with the kids. They are going away from the ice and cold this winter. Think not? Think again. Give this subject forward thinking.
I will be on one of the first planes back to the DR. (Along with Badpiece that asks everyday "When are we leaving" LOL)
Enough for now. These are my thoughts only but from the mind a life long speculator. Think positive.
Happy Easter to all. Pray hard. Make it happen.
