El Guiri on Nostr: There are certainly signs. Is that expensive for Phoenix? In Costa Rica it’s ...
There are certainly signs. Is that expensive for Phoenix? In Costa Rica it’s multiplied by post Covid. We had a wave of what I call “millionaire refugees” coming here from USA and Canada just buying everything up so it kind of multiplied the speculative boom. I move here in 2018 as wanted out of Europe before 2020. Bought a plot for 45k usd which would now cost 200k. Absolutely nuts and totally pricing local people out of markets. The rentals have gone really stupid and I have heard of multi unit properties now vacant with owners still holding their prices at 1600usd per month for 2 bedroom place. Nuts. Average wages here are around 1200/ month
Published at
2025-05-06 22:38:08Event JSON
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