Spain’s housing bubble, Greece’s debt crisis, and recession in Portugal resulted in drops in real estate values in those countries that carry on today (though Spain and Portugal are this side of their bottoms). Meantime, U.S. dollar buyers are benefitting from an uber-in-their-favor exchange rate between the greenback and the euro. Likewise, this is perhaps […]
About 20 of us sat around the tables of the open-air “rancho on the hill,” as we call it, sipping Panama beers and Abuelo rum and Cokes and staring out at the crashing surf and the three little islands just offshore that give their name to my Los Islotes development project on Panama’s western Azuero […]
Panama, by comparison, didn’t need to think about such outside-the-box ideas for
Why would you want to buy a piece of real estate overseas? That was the starting point for the discussions that have taken place throughout this week’s Global Property Summit down here in sunny Panama. The big advantage of real estate anywhere is that it’s a hard asset, a real and long-term store of wealth. […]
As Mark Twain might have put it (and as our correspondent Paul Terhorst observes in the latest issue of my Simon Letter service), news of the dollar’s demise these past several years has been premature. How much longer will the U.S. dollar remain as strong as it is today versus currencies worldwide? Will it get […]