Politics in Ecuador or P4P
New Leader (I like that, ako Great Leader in North Korea) has SO FAR:
1. Allied himself with Chavez.
2. Raised taxes and invented new ones, including inheritance tax and money transfer (abroad) tax.
3. Managed to get rid of Congress, we have no congress at the moment.
4. Raised minimum waiges 17%, in a US Dollar economy.
5. Declared all oil profits due to higher price Government property. Damn the contracts with the international companies.
6. Alianated the business community, both in Ecuador and abroad
I may be overlooking somethings here but seems to me real estate is NOT going up soon.