Skip to comments.Mexicans Urged To Reclaim A Piece Of Texas
Posted on 06/26/2008 1:55:12 PM PDT by blam
Mexicans urged to reclaim a piece of Texas
By Tom Leonard
Last Updated: 9:11PM BST 26/06/2008
Mexicans are being encouraged to reclaim a piece of Texas, more than 150 years after they lost the Lone Star state to the United States. Texan estate agents are heading south of the border to drum up the interest in buying cut-price land and property in the foreclosure-hit state.
Thanks to a rising Mexican peso and an economy which is growing faster than that of the US, a country that has previously been looked on by America as a source of cheap labour is now seen as a potential source of rich investors.
A "Texas for Sale" sign and cowgirl-clad models greeted visitors to a recent property fair in Monterrey, Mexico, at which hundreds of Mexicans looked over lists of potential investment opportunities.
Virgilio Garza, a Monterrey developer, said he and his partners were considering investing $8 million in buying up foreclosed homes in Texas.
He told Bloomberg: "Texas is like our home. We believe there can be some opportunities."
Marco Ramirez, a Texas estate agent, said that residents of Monterrey, which is 150 miles from the Texas border, were his best hope of buying the 120 foreclosed properties on his books.
"Many of these people have children who are studying in the US. They've been renting or leasing and now it's a great time to buy."
America annexed Texas in 1845 after Texans gained independence from Mexico nine years earlier following the Battle of the Alamo.
(Excerpt) Read more at telegraph.co.uk ...
Time to start paying American state and federal taxes.
There, I fixed it.
“America annexed Texas in 1845 after Texans gained independence from Mexico nine years earlier following the Battle of the Alamo.”
Battle of San Jacinto, actually.
No harm no foul. One of the major reason for property values going up was strength of Euro against Dollar. Especially in high-end properties, they are STILL driving the price up.
I would love to see more of these investors come in here.
10 MILLIION AMERICANS RIGHT NOW ARE UNDER-WATER AS FAR AS VALUE OF THEIR HOME GOES.
These are NOT subprime guys, but folks who work hard and have been paying their mortgage on time and are now holding mortgages not worth the paper they were written.
Continued collapse in housing market would result in huge disaster, especially now that Americans are accustomed to spending money taken out of equity built in their house. For many, HOUSE is the retirement plan.
In other words, HOUSING market needs to be turned around and if we can bring in investors with REAL money, without printing more dollars and diluting it further, sooner we can get it out of this mess.
C’mon Amigos! Great Opportunity! Ariba! Andle!
Texan estate agents are heading south of the border to drum up the interest in buying cut-price land and property in the foreclosure-hit state.
I don't take kindly to this idea.
I would suggest to start with small incriments.
One other stipulation: the pieces should be "returned" at no less than 1200 feet per second.
I don’t have a problem with this.
These Mexican nationals are investing their money in America, and doing so legally.
People from over a hundred countries having been buying second homes, and businesses, in the U.S. for many years.
The influx of these investors is good for the country and our economy; it’s not an invasion.
This is quite different from the issue of illegal immigration, which is a HUGE problem.
Whyever would Mexicans want to buy property in Texas when right now there's no resistance against millions of them effectively stealing it and other parts of the United States?
Yep nothing wrong with Mexicans buying property in the US. THere would much wrong with Mexico claiming US territory. The author tries to stir up trouble with the word reclaim.
You're from Russia! Right, comrade? (Russian mafia?) That would explain your inability to use articles correctly.
Yeah, but aren't Americans are restricted on what properties they can own in Mexico?
I feel sorry for you.
Yep. 50 kilometers from the coastline and about 100 kilometers from the border.
So what if I was indeed from Russia?
You still hate and fear Russians?
Cold War is not over for you is it? ROTFLMAO!
Exactly, get it right! Remember Goliad!
I don’t know about Mexican restriction but we Americans are USUALLY smart enough not to cut off our noses to spite our faces, environmentalists excepted.
You mean sending all their uneducated people to the US has been a boon for the Mexican economy? Weren't the WSJ types insisting that it was supposed to help us?
“Americans are accustomed to spending money taken out of equity built in their house.”
Every one of them deserve to lose their home!
You are no Texan. We don’t cotten to that.
I was thinking more along the lines of reciprocity-the Golden Rule.
I have zero problem with others investing in our country.
It makes more money here, and they pay property taxes.
messico’s a mess.
With regard to open borders, since your family never fought for this country, you believe anyone should be allowed to come here. You don't see America as your home. You see it as a cash cow to be exploited for your own advantage.
Future generations be damned so long as you can make a ruble.
Ivan, you're just the sort of immigrant this country does NOT need. If you want a base of operations from which to plunder, why not just go back to Moscow?
No problemo!...They can all go squat on Jorge’s ranch!
Gawd, this crap just makes me ill. Time has come to put this stuff to rest.
My antipathy, Lyudmilla, is toward people who come here just to use MY country as a base of operations from which to plunder, be they poor campesinos or "educated" Russians. If all you wanted in a country is a safehaven for piracy, you should have stayed in Moscow.
They’ve reclaimed a substantial % of the jail cells in Texas already
It would be better to fly the tricolor of France on Cinco de Mayo. I always eat French Food on that day.
You are clueless. People investing in US is not exploitation of US. We have Treasury Secretary going around the world as we speak, trying to bring more capital in US. Sorry sweetie, you are barking up the wrong tree.
The golden rule says nothing about reciprocity. The golden rule is do unto others as you would have them do unto you. It is NOT do unto others as they do unto you.
So if you would have freedom of property rights, then the US should have them whether Mexico does or not.
True, but the full Golden Rule is an ideal, and the right place to start. When I see that it isn't reciprocated at all, I fall back on "Fool me twice." Sorry, that's all I can manage.
Americans should reclaim Mexico City that was conquered by a combined arms campaign led by General Winfield Scott.
After Santa Anna was safely gone, the Aericans voluntarily left. It is time to reclaim the spoils of that victory.
(he, he....I said Victory)
You should take it as a compliment that people in other countries would like to invest their money in the Lone Star State. We’re talking about business people investing money legally in your state; foreign investment helps create jobs for native born Texans.
Look at Toyota.....they have auto plants across the U.S., and support U.S. troops. Ford Motor Company lately has been pushing the global warming hoax and is trumpeting the gay agenda. These days, Toyota seems to have more traditional American values.
Illegal immigration is completely different. The threat from illegal immigration in Texas, like my former adopted State of California, is alarming, outrageous, and must be reversed. The Mexicans purchasing property in Texas aren’t trying to reclaim the state; they’re trying to buy a piece of the American dream, and they all have valid visas.
I remember back in the 1980’s when the Japanese were paying top dollar and buying up choice real estate across America. They (the Japanese) bought a controlling interest in Rockefeller Center in New York, and everyone was in an uproar back then. As it turns out, the Japanese had to sell their controlling interest when the recession hit Japan, and they lost over $1 billion on their Rockefeller Center investment because they overpaid.
By the way, if I were fortunate enough to live in Texas, I’d be in the Minutemen. I’m for legal immigration, but vehemently opposed to illegal immigration.
Have a pleasant evening.
Don’t forget Veracruz, in 1914.
ROFLMAO! Now, I’ll have to try that!
No one say it bad thing invest in US, Grushenka. Just best be straight up and above board. This America. No need play games.
You don’t understand because you are not a Texan.
JFK already gave part of Texas back to Mexico (El Chamizal).
why would we reclaim Mexico City?
Another 10 million people on welfare? No thanks
Ok, fine. But I have seen the mess created by illegal immigration when I lived in California.
Please don’t confuse businessmen with those crazies who were marching by the hundreds of thousands in the streets of Dallas, Houston, Los Angeles, Las Vegas, Chicago, etc., on May Day in 2006.
Those reconquista-types with their anti-American banners and their absurd slogans made my blood boil just as hot as any native born, tenth generation Texan. My head nearly exploded watching those protests on TV and the Internet.
As I mentioned, I lived in California for a long time, and it didn’t start it’s decline because of legal immigration or foreign investment; in started going downhill rapidly because of massive illegal immigration (plus there are alot of Anglo moonbats in positions of power in the Golden State).
What is your opinion of your governor, Rick Perry?
My dear Matilda, you must be experience that time of the month. LOL!
What did I do to deserve a lecture from you? All I said is I feel strongly about Texas.
I know all about California. My husband was born and raised in Fresno, Ca. Heard of that place?
I don’t like Perry. What about your own Gov.? You guys had a golden opportunity out there when Davis was ousted and you threw it away with both fists all in the name of who can win sound bite tv, which how most people vote today.
Ma’am, I’m not trying to give you a lecture. I like Texas, too! I admire the state and its people.
I had no role in the choosing of California’s governor....I’ve been living in the State of Maine for the last 16 years. If I still lived in California at the time of the recall, I would have voted for Tom McLintock, a solid conservative who will be heading for Congress this fall. Arnold is a disaster. He got elected because of name recognition and celebrity. Like you mentioned....sound bites. He’s actually worse than Grey Davis.
Maine’s governor has made Maine a sanctuary state.....he’s not much better than Perry.
I envy the fact that Texas has no state income tax. Maine’s is amongst the highest in America.
Yes, I’m familiar with Fresno. Texas is better.
Take care, and sorry if I offended.
If you want on, or off this S. Texas/Mexico ping list, please FReepMail me.
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