Similar thing is happening in many latin american countries. American and European expats move in. Partially because of gringo tax and partially because they have way more money than the locals, they drive prices up phenomenally. Locals can't afford to live in the areas they infest. Then when they realize it doesn't cost as little to live there anymore, the expats leave.
We're considering relocating to south of the border, and seeing what those who came before us have done to the areas, it's embarrassing to be an American expat. There are so many who go down, isolate themselves in expensive gated expat enclaves, don't learn the language, don't become part of the community, and generally make a nuisance of themselves.
I really don't understand the mentality. They're like locusts. And the saddest thing is they could do so much good in those areas if they just got their heads out of their collective asses.
We have the exact same thing happening inside the US. I call it the California/New York Effect(depending which coast you're on).
Rich assholes move to affordable states and drive up the real estate prices till they become unaffordable for locals. And to make matters worse they don't assimilate aka keep voting blue. Many such cases in Phoenix, AZ, Austin, TX, Las Vegas, NV, Charleston, SC, etc
Similar thing is happening in many latin american countries. American and European expats move in. Partially because of gringo tax and partially because they have way more money than the locals, they drive prices up phenomenally. Locals can't afford to live in the areas they infest. Then when they realize it doesn't cost as little to live there anymore, the expats leave.
We're considering relocating to south of the border, and seeing what those who came before us have done to the areas, it's embarrassing to be an American expat. There are so many who go down, isolate themselves in expensive gated expat enclaves, don't learn the language, don't become part of the community, and generally make a nuisance of themselves.
I really don't understand the mentality. They're like locusts. And the saddest thing is they could do so much good in those areas if they just got their heads out of their collective asses.
We have the exact same thing happening inside the US. I call it the California/New York Effect(depending which coast you're on).
Rich assholes move to affordable states and drive up the real estate prices till they become unaffordable for locals. And to make matters worse they don't assimilate aka keep voting blue. Many such cases in Phoenix, AZ, Austin, TX, Las Vegas, NV, Charleston, SC, etc
I watched it happen in WA St mostly in the 80s. Now watching the same in Utah.