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Property investments in Mexico can be risky (The Springfield News-Leader)

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Puerto Penasco, Mexico — U.S. investors have poured more than $100 million into beachfront homes, motels and land in the Mexican vacation retreat known as Rocky Point, only to see their cash swallowed up by Mexican and U.S. developers who failed to build the projects. The real-estate debacle is raising questions about the security of Americans’ property investments even as Mexico continues to …

Original post by Yahoo! News Search Results for Mexico


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