Loading ...What I thinks gonna happen in Mexico although probably great to be there now and away from the stress of the US. People don’t have to buy to avoid high prices or if they want to travel and just find a relative or on line and pay cash and many are furnished and utility’s or most of them including WiFi Netflix paid. They do have to make sure maintenance is included since it’s not their property in the first place and not inherit mucho problema’s.
But not exchange rates are about 20 pesos to 1 USD. Last time I was there I believe it was 10/1. So they’ll either have lower prices or everything is going to double in price for many of those renting. Retirees will not be able to afford double if it goes back to 10-1 because as it went to 20 to one the just raised the prices to equal what it was at 10/1. So they lower them back down or lose a million renters from multi countries.
Buying there could be risky without citizenship.
Now if the dollar defaulted with is unlikely because so many use it and places like South America and others need it along with Canadian and Euro there’s going to be a lot of problems.
Mexicans come here to get the money Americans go there to save there’s from here if they like the country and people in general minus criminals and corruption.
A lot of these Mexicans don’t plan on staying here like they think. Why would they when they could have it better at home. There only here for extra money.
We have our crime and corruption too plus no where to go to make “ extra money.” There’s no extra money for us lol