Last post on Jul 12, 2008 at 3:07 PM
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Fuel Efficiency (MPG)
#10037 of 10042 Re: What $4/gallon gas buys... [snakeweasel]
Jul 12, 2008 (11:40 am)
"...Let's put the blame where it really is ok..."
I put the blame on all you dead-beats. Back in the early 80's when I took a look at the 10% and higher mortgages I said "to hell with banks".
I built my house myself as money became available. Took me two years but I never paid a cent in interest.
Now I have enough money to afford to be as poor as I am.
#10038 of 10042 Re: What $4/gallon gas buys... [imidazol97]
Jul 12, 2008 (11:47 am)
"....Now some of those loans are worthless..."
NOW some of those loans are worthless? My guess would be they were all worthless from the start. That's just extortion by these groups.
Only in America.
Did you know that if you buy property in Mexico as a foreigner you have no legal claim to it? The former owner can take it back and have you thrown in jail if you resist. This has happened to some stupid Americans already.
#10039 of 10042 Re: What $4/gallon gas buys... [oldfarmer50]
Jul 12, 2008 (11:57 am)
Did you know that if you buy property in Mexico as a foreigner you have no legal claim to it?
There are many parts of Mexico where a US citizen can and do own property. Where it gets sticky is within 25 miles of the coast. Then you are basically buying from the bank that holds the title and you pay a small lease per year. There are now big coastal developments that you can buy with American Title Insurance policy. They are usually in conjunction with a large hotel chain and you are buying lots on their property. Yes there have been cases of people buying land building homes and the courts seizing them and returning to the original owner. It is definitely buyer beware.
Living in Mexico as a retired person can relieve much of the gas pains. The rest of your cost of living should be lower also. Places like Mazatlan and Guadalajara have huge US populations. Just don't plan on working down there. You will be required to show your monthly income to be allowed to stay. Many places are like paradise.
Jul 12, 2008 (2:19 pm)
"...I noticed it went back up..."
Funny, in my area (New York State) my local station was up to $4.15 for RUG. Over the past week it went down to $4.09.
I have to say my area must be filled with back-yard oil wells. Every day I see a parade of SUVs with only the driver inside doing 10-15mph over the speed limit. Maybe it's because I set my cruise control at 62mph to save gas that I notice it now.
#10041 of 10042 Re: What $4/gallon gas buys... [gagrice]
Jul 12, 2008 (2:29 pm)
"...Where it gets sticky is within 25 miles of the coast..."
Why would anyone want to live in Mexico if you didn't have an ocean view? The Mexicans don't even want to live there. That's why so many are leaving.
"...Living in Mexico as a retired person can relieve much of the gas pains..."
Yes, if your car will run on low octane gas. If I was going to retire to another country I would pick Poland. I hear the US dollar still has some clout there and the Polish Ham is supose to be great.
#10042 of 10042 Re: What $4/gallon gas buys... [oldfarmer50]
by Stever@Edmunds HOST
Jul 12, 2008 (3:07 pm)
Poland used to be a big destination for US retirees but I haven't much about it lately.
Hard to beat San Miguel de Allende although all the US residents there have caused the property values to go through the roof. Colonial hill town with a great climate not near the coast.
While you go check it out we'll take a vacation in here too, at least until crude pops $175.