Debunking Myths
"Skipper" wrote in message
...
Shortwave Sportfishing wrote:
"Although the foreigner does not technically own a direct interest in
the real estate, the foreigner's rights to use and deal with the
property are very similar to outright ownership."
doesn't sound like ownership to me.
Most of the property owned by Americans and Canadians in Mexico is at
least 30 miles from shore. Folks in LA regularly drive further than that
going to work each day. Those who insist on beachfront property (which
is different from the original statement) have the option of investing
in a hundred year bank trust with full ownership rights. So, in 3006
2006 + 100 =3006?
Your math is about as sound as your real estate knowledge.
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