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PostPosted: Fri Oct 31, 2008 11:52 pm 
PHD From Del Rey University!
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Joined: Fri Apr 04, 2008 5:57 pm
Posts: 9518
Location: NFM--Geezers, cowpokes and the working poor--yeeha!
Nothing new for Old CR Hands but Forbes Magazine has a cautionary article about land investments in CR especially absentee.
http://www.forbes.com/business/forbes/2 ... 0/144.html
Being as Forbes is so widely read and highly regarded, maybe this as much as a weakened U. S. economy will slow the inflated ambitions of North Americans dreaming of a trouble-free "Paradise". We can only hope. As the advice here so frequently advises--"Rent, don't buy.".

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PostPosted: Sun Nov 02, 2008 9:21 pm 
Not a Newbie I just don't post much!
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Joined: Sat Mar 01, 2008 6:02 pm
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Great Article, "Rent Don't buy", same standard when it comes to women.


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PostPosted: Mon Nov 03, 2008 6:55 pm 
PHD From Del Rey University!
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Joined: Thu Jul 07, 2005 3:03 pm
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Location: Washington DC
Great story. Thanks

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PostPosted: Mon Nov 10, 2008 3:07 pm 
Just Learning The Gulch!
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Joined: Mon Oct 15, 2007 11:53 pm
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Location: Northern USA
Great tip, thanks.


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PostPosted: Mon Nov 10, 2008 3:46 pm 
PHD From Del Rey University!
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Joined: Sun Mar 27, 2005 10:20 pm
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This happens because people don't do any research whatsoever into what the "laws" are. They take a bag full of money, and go to invest. They assume it's like the US. Then they find out the hard way that they no longer own the land after a few years.

CR is like a primitive society where if you are not holding it, then it must not be yours and available for anybody to take and claim as their own.


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