Will Dominican real estate crash soon? Buy Now or wait?

bob saunders

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Jan 1, 2002
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DR vs Cuba

IMO Americans basically have no interest in the D.R. The folks around here where I am are European. And I think U.S. Americans are fascinated by Cuba. I have strong ties to the business community of Costa Rica and they are really worried about Cuba opening up. And as C.R. is pricing itself out of reality it should be worried. Cuba has a reputation as being very safe (for those who disagree do some reading) and the D.R. has a reputation for...well Punta Cana and hookers. What else I don't know. The infrastructure of Cuba will explode, the reason being this: Countries like Costa Rica and perhaps the D.R. have huge government bureaucracies and things take years to happen if they happen at all. In Nicaragua for example, if the you approach the government with an idea and a favor offered, bingo, it happens. And the size of the projects in Nicaragua are huge (ask the Chinese) In Cuba tons of money is already there (European) and with a whiff of thaw with the U.S. more money will flow even without the U.S. direct investment. When there is a real thaw there will be so much money for hotels, Internet providers, MEDICAL providers for sure, etc, that the island will tilt. It will tilt with prosperity. Just be friends with the government and the government structure may be conducive for business. My best to the Cuban people.

(Give me Internet or give me death)

Cuba is also known for hookers. My brother ( Canadian) worked in Cuba dealing with the Cuban government on a daily basis for almost two years. Cuba has a huge bureaucracy that is very cumbersome as well as very corrupt. I think until you see some kind of compensation to the American companies and citizens that had their private property confiscated by the Cuban government you will not see huge investments.
 

FOURFAN

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the media is what people see when they think of Americas interest in Cuba. I personally do not think most Americans are interested in Cuba. no one I know even talk about it. Iagree however Cuba owes so much money I do not see anyone investing anything now. Airlines are not in any hurry to open gates in there. maybe jet blue or one like that.
 

b?rbaro

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Jul 9, 2014
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I agree with dv8, lack of/decaying infrastructure can be solved with money

But Cuba also has a very big bureaucracy

I don't understand all the enthusiasm about Cuba, I think many posters have an idillyc image of the island... cubans speaking real Spanish, hookers only in punta cana, medical care, crime...

Let me explain my view on crime: in Spain after Franco died, the country progressed in the path of democracy, pornography, drugs, crime etc. All this was foreseen and accepted by Franco and such he told to the american envoy Vernon Walters.

My bet is that same thing will happen in Cuba if it opens. More crime, freedom etc

Buying real estate in Cuba?? please don't even consider it, at least until the rules of the game are clear cut!
 

robbiee

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Dec 27, 2014
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Romeo Santos has nice songs actually.....
Well, i never listen to radio. incase you hadn't noticed, no matter where you are in this country, unless in the very early hours of the morning, you can hear at least distant tones of that sh1t, constantly. Before all I would change here, it is the repetition of music, bad quality through blown speakers over and over and over.
 

Lucifer

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Jun 26, 2012
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Romeo Santos and 'nice songs' should not be written in the same sentence. That's like saying Justin Bieber is the Canadian Van Morrison. And John Lennon and Bob Marley wrote for Britney Spears and Vanilla Ice.
 

dv8

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i hate that unwashed junkie john lennon with passion. his music was crap and he always looked like he smelled like a sick goat locked in blocked crapper on a tuna boat.
 

the gorgon

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i hate that unwashed junkie john lennon with passion. his music was crap and he always looked like he smelled like a sick goat locked in blocked crapper on a tuna boat.

don't hold back, dv8. tell us what you really think of him....
 

bob saunders

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Jan 1, 2002
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i hate that unwashed junkie john lennon with passion. his music was crap and he always looked like he smelled like a sick goat locked in blocked crapper on a tuna boat.

What do you call good music. I like certain songs of his, like Imagine. I agree with you on his looks.
 

Marcion

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Nov 22, 2014
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i hate that unwashed junkie john lennon with passion. his music was crap and he always looked like he smelled like a sick goat locked in blocked crapper on a tuna boat.

Lennon was freak show and it's not hard to imagine the world without him.
 

dv8

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Sep 27, 2006
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anything before the 80's is a no no for me. special nasty wish goes to the beatles, led zeppelin, the doors and pink floyd.
 

Marcion

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Nov 22, 2014
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The Zhid social engineers were having a field day in the 60's and 70's -- the depraved and drugged bands of the time were just the soundtrack to their cinema of sickness.

It's a stumble down memory lane nobody needs to experience again.
 

robbiee

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Dec 27, 2014
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he is "one of" bachata kings, man.
and comparing him with Justin Bieber is completely out of sense.
David Kada is also nice. And Antony Santos. and Frank Reyes of course. :->

Romeo Santos and 'nice songs' should not be written in the same sentence. That's like saying Justin Bieber is the Canadian Van Morrison. And John Lennon and Bob Marley wrote for Britney Spears and Vanilla Ice.