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Old 11-25-2007, 01:34 PM
SamanaJon SamanaJon is offline
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Join Date: Jun 2007
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SamanaJon Level 1 (10)
Default You are 100% on your comments!

Quote:
Originally Posted by MommC View Post
The question is "How long will it take"??

We've watched the community 'disappear' due to the changes and while the changes are welcomed until the infrastructure is added you can build all the condos there is space for and the community will NOT become 'permanently' settled or even 'semi-permanently' settled.

Yes JD is better than the north coast IMHO (at least PP,Sosua area which I am familiar with) and I know many people who used to come yearly (10-15yrs) to those areas who no longer come to the island at all.

I also have met many people who were enchanted with our area but now can't wait to sell their places and find greener pastures as they don't like what's happening, not to mention the much higher costs of staying in the DR.
With the real estate situation in Florida at present many people have opted to purchase there again as the cost of property and living has once again become more affordable in the southern US.

We had friends stay three months this past winter, and while they loved their time here, they are NOT coming back this year! Venezuela is much more appealing to them (they were there the year before) so positive changes MUST take place for the island to recover.

As for the dengue/leptopirosis problems of late, much of that is due to the recent heavy rains and also people not knowing they should wash cans (I do so even in Canada and the States because those cans sit in warehouses where rats are know to frequent-show me a warehouse and I'll show you rats!!) or take precautions against mosquitos. Dominicans are notorious for throwing trash everywhere and many of those collect water when it rains and breed mosquitos.

Then there is the problem of the stagnant lagoon where Aquqbella is to be built. We've contacted the gov't agencies responsible several times but no action has been taken and I'm being eaten alive in my house even with screens,sprays,body spray, Baygon Plaquetas etc.

Yes I have had dengue!!!! and I almost died!! It took me almost a year to recover and I had it during the time when there were lots of resorts in the area that sprayed regularly to control the mosquito population!! Those resorts no longer exist.....so......

I again re-iterate.....until the infastructure (including policing to the level it USED to be) is in place JD will continue it's downward plight and hopefully some of the remaining restaurants/bars will be able to weather the storm!

Your observations are very objective and 100% true, MommC. I have seen this same poor state of affairs all over the country (DR). The cost of what an investor gets in the DR is far too expensive, when compared to many other places (USA, Mexico, even other LA countries). I personally think JD will never recover to what it once was in its glory days. The beach renovation project will be short lived, as a major storm will take it all away in hours (what took weeks for man to create). I think others on this thread are much more optimistic. The DR has many wonderful things to offer, luxury real estate is no longer one of them. The new tax structure on luxury RE (Dominican Companies) and very over inflated prices have made it unattractive for foreign investors. Soon every luxury property in the DR will pay RE taxes much like properties in Casa de Campo. It as become a high risk investment.
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