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Overseas Property Trend in the United States heading to Panama

Monday, March 5th, 2007    Posted by Overseas Property Mall in International Real Estate Trends, Panama Property, United States Property, Videos

After my last post on Video and real estate, I decided to run a search for ‘real estate’ on YouTube and stumbled on this interesting video news story about Panama as a retirement haven for Americans (more like Spain has been for the Brits in the last decade). The major drive for the exodus has been the purchasing power of the dollar out in Panama where the currency there is the dollar. Check the video out and tell me what you think

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3 Responses to “Overseas Property Trend in the United States heading to Panama”

  1. Jude Udu Says:
    March 7th, 2007 at 9:44 pm

    Yeah Kunle,

    Thats quite an interesting piece. I think we are approaching a situation where the skewed global wealth distribution would kind of begin to even out towards less wealthy nations. Interesting what direction the world is going. Anyway Im very new to blogging and Ild keep an eye on your site for interesting commentaries. Cheers!

  2. Kunle Says:
    March 9th, 2007 at 10:26 am

    Hey Jude, How are you doing, you finally dropped by my blog. Cheers
    This redistribution of wealth would start out from the services sector supporting resorts like this. But for developing countries to finally catch up, other sectors need to be tapped into

  3. Joosh Says:
    October 29th, 2007 at 10:42 am

    Hello That Video is quite interesting and the trend is true. I stumbled across this site http://www.showyourhouse.co.uk that is quite interesting too. It like a You tube but concentrating on real estate. Quite Interesting

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