[QUOTE=Mr Lotto]Wow, don't know where to begin except in paragraph one I have no idea what GPA's have to do with this discussion.
I was trying to make the point that people who are self intrested often dont listen or think things through, IE in this case you are so intrested in making sales pitch you can not answear a simple question about the world around you, and reply with a sales pitch instead.
Now the broken record. Se vende signs. Sounds like you have been walking around for several years looking at the same se vende signs. What you are not seeing is all the places that are selling and not even putting a sign up. You should probably go and call one of those three year old se vende's and ask him or her about their apartment. Maybe it is priced to high, maybe it has a bad view, small bedrooms, is trashed out or any number of things that might affect a sale. But it sounds like those signs are driving you crazy.
Not really, it would take alot more then "se vende" signs to drive me crazy. God gave me eyes so i use them, i observe whats going on around me and think about it, thats all. I use those eyes to read too, so i posted alink to a colombian website for real estate they provide a free magazine monthly listing used apartments and new projects
[url]http://www.informeinmobiliario.com/index.php?NombreTo=HOME[/url]
I would advise you to check them out (if you can read spanish without your little translator) as they will show over the course of a year alot of trendy poblado apartments on the market for a year plus, I will post a few pictures of the two buildings next door with multiple "se Vende" signs, these units are just as nice as mine, not run down but yes over priced. These units were mostly listed for sale, but some are for sale or rent and have been soo for more then a year. i wake up to them everyday.
You think they are holding out for dumb gringos and sex tourists. Well my friend the gringos aren't as dumb as you may think and the only thing the sex tourists are buying is pussy.
Isn' your busniess plan about showing "gringos" a good time with a sundy BBQ, filled with 25 paisas then pitching them real estate? Isn't that you?
You keep talking about inflated prices. Well the existing market priced between $500.$800 per sq meter it is cheaper than 49 or the top 50 cosmopolitan cities in the world. Send me a PM and I will senf you a copy of the Business Intelligence report that explains this. By the way the only city cheaper than Medellin is Cairo Egypt. Maybe you should move there?
There you go again, comparing one local market to another in order to justify price inflation, sorry man that doesnt make sense, i know alot of cheaper places then medellin, they lie in the United States, where home values continue to drop becuase of greedy real estate speculators. A healthy increase in prices is normal and good for economic growth, not price spikes and inflation, they cuase crisis.
Next you switch back to the gringo tourists and how they are the bain of all evil and will create a crime wave. Well I hope that you are wrong but since they are not influencing this real estate market that is much ado about nothing.
I dont just mean "gringo tourists" all tourism increase crime, this is a fact, I dont like it any more then you, but its a fact of life as a place become popular with tourists it will continue to see crime period. why are you soo bent on stating the opposit?
You need to look at the facts and not get too wrapped up in the fact that there may be some more Americans that may also discover your little paradise here and that they may want to move here also. Obviously none of us want what happened like the gringo invasion in Costa Rica but I think the paisas can hold their own. Meanwhile get your facts straight about the real estate here and quit lookin up at the se vende signs. I think you will be a lot happier unless one of the signs is yours.[/QUOTE]You hit pretty personal there, and as I know who you are I would tred lightly. If I insulted you or your bussniess I appologize. My intent is not to insult Medellin or bussniess owners, just stating a simple fact, supply and demand and that Colombia has alot of sharks out there. My facts are very stright, all I ever said was ample supply should decrease prices, which isn't occurring. The rest was my assumption and opinion and as I said before means nothing. As you seem to be some one who needs to make a living in Medellin I wish you luck, and understand your self intrest is personal, but I have enjoyed the argument and look forward to carrying one out in person if ever given the chance.