Jan 19, 2007, 7:17 AM
Post #18 of 21
Like others who have posted, I benefitted from the overheated real estate market in the Bay Area. My husband and I became the California cliches, selling and moving to Portland, where we bought the house with cash.
Wasnīt that great? The Bay Area real estate market funded many an early retirement. Someone asked me why anyone would sell out and leave the wonderful Bay Area for Mexico as we did six years ago, especially since the house we sold was, until recently, worth twice as much as it was when we sold in 2001. I told him I would never trade these six years in such great places as Jalisco, Oaxaca, Chiapas and the Yucatan Peninsula for even three times the profit in my house. Besides, we would both still be working to make those huge mortgage and property tax payments. and sitting there in that incessant fog and cold,, damp chipi chipi. Had we stayed in Alabama in the 70s instead of moving to Norhern California, our house would have still yielded us a profit but I think we would still be poling for oysters down on Bon Secour Bay just to get by.
I kid you guys about Oaxaca but its historic center is magnificent. We were recently there visiting frinds in Teotitlan and the strike had just ended. There werer plenty of Federales around but the city was freshly spiffed up and repainted. Very nice. One reason we bought in San Cristobal was because itīs centrally located in Southern Mexico - our favorite part of the country. Good luck in your new town.
(This post was edited by Bubba on Jan 19, 2007, 7:36 AM)