White-Flight to DR from the North & Europe ?

[Africaida]

We are hosting a client from Germany via Airbnb that just purchased a very nice two story house that was on sale for a few years in our development. She told me that she had interest in 5 other houses on the north coast previously and they all sold before she could put in an offer, so this house was her 6th choice. She said the buyers were mostly Canadians who were purchasing the properties after viewing the listings on the Internet and completing the deals remotely. (Is that Canada bashing?) The German has the house under contract and she plans to finish the deal by the end of May.

The game is certainly afoot on the north coast in the housing market 200K US and lower.

Same here in LT.

Buyers who haven't even spent a week here buy properties, others sight unseen through internet. I find that amazingly risky or I must be poor, lol

Same for long term rentals, shitty houses going for 1,500 USD per month

 

[windeguy]

How Much Did Sea Levels Rise Over the Past 50 Years? A Lot If You Live on the U.S. Gulf or East Coasts

Sea levels are rising so fast along the U.S. East and Gulf coasts that some places have seen a greater increase in the last 50 years than the global average over the past 130 years. (Examples include Atlantic City, NJ; Norfolk, VA; and Galveston, TX.) Other tide stations, such as those at New York

blog.ucsusa.org

Interesting that much of the sea level "rise" has to do with the land sinking and other factors not related to climate change.

 

[william webster]

USA has everything under control.....

Why an Estimated 100,000 Americans Abroad Face Passport Problems (Published 2021)

Consular appointments for U.S. citizens overseas are nearly impossible to come by as many embassies, plagued by Covid restrictions and staff reductions, remain all but closed.

www.nytimes.com

 

[windeguy]

Passport renewal in the DR is handled by mail.

CV19 seems to have caused some problems of various kinds over the past year.

 

[Drperson]

Same here in LT.

Buyers who haven't even spent a week here buy properties, others sight unseen through internet. I find that amazingly risky or I must be poor, lol

Same for long term rentals, shitty houses going for 1,500 USD per month

I wonder where on the internet they are finding these properties

 

[cavok]

We are hosting a client from Germany via Airbnb that just purchased a very nice two story house that was on sale for a few years in our development. She told me that she had interest in 5 other houses on the north coast previously and they all sold before she could put in an offer, so this house was her 6th choice. She said the buyers were mostly Canadians who were purchasing the properties after viewing the listings on the Internet and completing the deals remotely. (Is that Canada bashing?) The German has the house under contract and she plans to finish the deal by the end of May.

The game is certainly afoot on the north coast in the housing market 200K US and lower.

Very true. A friend of mine just sold his condo to a Canadian who never came here to inspect the unit - only saw fotos on brokers website.

 

[Africaida]

I wonder where on the internet they are finding these properties

Real estate agency have website. Also, on fb pages dedicated to LT where many members are low-key "real estate" agents.

 

[Drperson]

Real estate agency have website. Also, on fb pages dedicated to LT where many members are low-key "real estate" agents.

thanks

 

[Africaida]

This is about people from Canada, the US and the EU getting away from their various countries and virtually nothing to do with your comment at all.
If you want something to blame for igniting this current situation, as in things not going well for the past period of time, think of a virus that was first spotted back in Q3 of 2019 near a virology lab in China.

Exactly.
I had to move a few months ago because the owner of the house I was renting decided to spend a few months here (he usually never spends more than few weeks here) after the 100th confinement and curfew in his town in France. His company is partially running. I don't blame him. He will be gone after things get back to normal I suppose.

 

[Africaida]

Apologies to the mods for this not directly mentioning the DR, but it does explain how the pandemic changed things (and it has ZERO to do with Son of a Sailor's comments):

Study: Residents left big metros during pandemic for family

A new study and Census Bureau data show U.S. residents moved out of the nation’s largest metropolitan areas and into smaller ones during the pandemic.

apnews.com

Bingo ! COVID changed everything (or accelerated)

I would add that school are an important factor as well. My kids have been attending school since September (private). It s small and their classroom are outdoors under a pergola. A God-send for many parents, most kids fare MUCH better having other children around (social) and with in person learning. The only outbreak I have witnessed is lice

 

[carlos]

On that note....