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| re: perils of CR investing https://forum.costaricaticas.com/viewtopic.php?f=20&t=25782 |
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| Author: | JazzboCR [ Fri Oct 31, 2008 11:52 pm ] |
| Post subject: | re: perils of CR investing |
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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| Author: | Tjaco [ Sun Nov 02, 2008 9:21 pm ] |
| Post subject: | |
Great Article, "Rent Don't buy", same standard when it comes to women. |
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| Author: | Redman69 [ Mon Nov 03, 2008 6:55 pm ] |
| Post subject: | |
Great story. Thanks |
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| Author: | TravelGuy [ Mon Nov 10, 2008 3:07 pm ] |
| Post subject: | |
Great tip, thanks. |
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| Author: | Orange [ Mon Nov 10, 2008 3:46 pm ] |
| Post subject: | |
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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