Actually quite common in Brazil. I bought my house he after renting for a year to see if I liked the area. An initial down payment then a 44 month no Interest loan direct from the owner.
@@USA2Brazil wow sounds dodgy man. I had a girlfriend in Brazil and she told me the govt sometimes confiscates homes and land when it feels like it. My memories of Brazil were good, I drank a lot of that green drink with the power you drink it from a metal cup with a metal drinking tube. Ahaha. Also the bbq is great there :)
I disagree with you In the long-term real estate always goes up in value. It is the law of supply and demand. I think they are not making any more land but people are making more people and there's need for land for homes for those people. Case in point: My mother inherited her mom's home in the countryside that was three and a half kilometers outside of Cochabamba, Bolivia After my mother moved to the US involuntarily because my father was a racist right-wing politician, she subdivided and sold lots and invested that money in California real estate. That land in Cochabamba became an urbanization. There are no lots left available to buy but if they were, they would cost vastly more than what my mother sold them for. I bought a condo in a building across from the Cochabamba Tennis Club when under construction for $12,000. I sold it for $24,000 a year later. It is worth $240,000 now. I hope nobody takes your advice seriously and instead understands that Investments are a case-by-case analysis as to your needs and what is available for you to afford to invest in.
Thanks for another informative video. Crime in Ecuador is less than many places in the US, lower than Mexico, and there is probably simply a temporary spike due to some coastal drug activity. I think you have overblown the crime issues in Ecuador(such as foreigners being burned alive when in reality it was one instance of a local town vigilantes getting even with two foreign thugs sent to their town to cause trouble) but that is my only disagreement with your info. All of your info is true.
I disagree with you about crime in Ecuador and in fact the murder rate last year was on par with South Africa so I'm not sure where you live but all my friends and family there are saying it's never been so bad ! Of course most gringos there live in condominiums or urbanisations so are relatively shielded from the daily grind that happens across the country. There are US and European cities that have high crime rates but outside of those areas it is generally safe and in rural Ecuador that is probably true but most people live in the cities in Ecuador and murder and robbery are on the menu daily ...
@@Ashbash75 2016-2018 Ecuadorian murder rate was around 5.8(5.82,5.7, 5.82) and very steady and low for years prior. USA murder rate was 5 in 2018 but 6.8 in 2017. In 2009 it was over 11(!). One Ecuadorian spike (in 2022) to over 25 is clearly correlated and probably caused by the corresponding drug wars. 2021, when the drug wars were gaining steam, it was 13.7 and sure enough in 2020 it was only 7.7 then 6.7 in 2019 then down to the normal level of around the US figure, again probably mostly relegated to bad neighborhoods as it is in the US. Places like Cuenca however are generally much safer than the overall crime rate, and statistically safer than most cities in the US.
@@Ashbash75 A temporary drug violence spike usually doesn’t impact people not in that business. I grew up in a very safe Tucson Arizona where the murders were mostly between drug rivals.
@@bobdobb9017 considering I've been married to an Ecuadorian for 21 years and visited and also lived in Ecuador numerous times I have to say that there has always been drug gangs operating and using Ecuador as gateway to Europe for cocaine. I have NEVER felt safe in any large Ecuadorian city and have always been vigilant to those around me. Perhaps the USA is a third world war zone as you depict, I can't say as I'm British and can only speak from a European perspective in comparison. But I know which cities I would feel safer walking around in and definitely not in Quito or Guayaquil and to be honest Cuenca has a considerable amount of crime for such a small population.
@@Ashbash75 I now would not venture to Guayaquil or areas in Quito either. Cuenca however should be seen as safe, as before, although I am only speaking from stats and reports. I didn’t want potential viewers to be dissuaded from staying in Ecuador; there are several RUclipsrs who mentioned the new murder rate but didn’t put in context that it is very likely relegated to just a couple areas and is explainable by interpersonal new drug wars that should be understood to eventually dissipate. My understanding is random violent crime (affecting tourists) is not increasing. As usual in any S American city, hold onto your bags! PS: Here in the Midwest US I leave my doors unlocked with a crime rate much lower than the UK while I live two miles from one of the most violent cities in the US. The US is highly segregated so some Brits are surprised there are areas in the US much safer than their cities or towns in the UK, just as we both know there are certain usually urban areas(Detroit, East Saint Louis, etc) that are nightmares full of people with low impulse control.
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Bro.... who on earth will loan you money for 0% borrowing rate ????
Nobody will give money away for free
Actually quite common in Brazil.
I bought my house he after renting for a year to see if I liked the area.
An initial down payment then a 44 month no Interest loan direct from the owner.
@@USA2Brazil wow sounds dodgy man. I had a girlfriend in Brazil and she told me the govt sometimes confiscates homes and land when it feels like it.
My memories of Brazil were good, I drank a lot of that green drink with the power you drink it from a metal cup with a metal drinking tube. Ahaha. Also the bbq is great there :)
Japan.
Where is your farmland?
I disagree with you
In the long-term real estate always goes up in value. It is the law of supply and demand. I think they are not making any more land but people are making more people and there's need for land for homes for those people.
Case in point: My mother inherited her mom's home in the countryside that was three and a half kilometers outside of Cochabamba, Bolivia After my mother moved to the US involuntarily because my father was a racist right-wing politician, she subdivided and sold lots and invested that money in California real estate. That land in Cochabamba became an urbanization. There are no lots left available to buy but if they were, they would cost vastly more than what my mother sold them for.
I bought a condo in a building across from the Cochabamba Tennis Club when under construction for $12,000. I sold it for $24,000 a year later. It is worth $240,000 now. I hope nobody takes your advice seriously and instead understands that Investments are a case-by-case analysis as to your needs and what is available for you to afford to invest in.
Thanks for another informative video. Crime in Ecuador is less than many places in the US, lower than Mexico, and there is probably simply a temporary spike due to some coastal drug activity. I think you have overblown the crime issues in Ecuador(such as foreigners being burned alive when in reality it was one instance of a local town vigilantes getting even with two foreign thugs sent to their town to cause trouble) but that is my only disagreement with your info. All of your info is true.
I disagree with you about crime in Ecuador and in fact the murder rate last year was on par with South Africa so I'm not sure where you live but all my friends and family there are saying it's never been so bad !
Of course most gringos there live in condominiums or urbanisations so are relatively shielded from the daily grind that happens across the country. There are US and European cities that have high crime rates but outside of those areas it is generally safe and in rural Ecuador that is probably true but most people live in the cities in Ecuador and murder and robbery are on the menu daily ...
@@Ashbash75 2016-2018 Ecuadorian murder rate was around 5.8(5.82,5.7, 5.82) and very steady and low for years prior. USA murder rate was 5 in 2018 but 6.8 in 2017. In 2009 it was over 11(!). One Ecuadorian spike (in 2022) to over 25 is clearly correlated and probably caused by the corresponding drug wars. 2021, when the drug wars were gaining steam, it was 13.7 and sure enough in 2020 it was only 7.7 then 6.7 in 2019 then down to the normal level of around the US figure, again probably mostly relegated to bad neighborhoods as it is in the US. Places like Cuenca however are generally much safer than the overall crime rate, and statistically safer than most cities in the US.
@@Ashbash75 A temporary drug violence spike usually doesn’t impact people not in that business. I grew up in a very safe Tucson Arizona where the murders were mostly between drug rivals.
@@bobdobb9017 considering I've been married to an Ecuadorian for 21 years and visited and also lived in Ecuador numerous times I have to say that there has always been drug gangs operating and using Ecuador as gateway to Europe for cocaine.
I have NEVER felt safe in any large Ecuadorian city and have always been vigilant to those around me.
Perhaps the USA is a third world war zone as you depict, I can't say as I'm British and can only speak from a European perspective in comparison.
But I know which cities I would feel safer walking around in and definitely not in Quito or Guayaquil and to be honest Cuenca has a considerable amount of crime for such a small population.
@@Ashbash75 I now would not venture to Guayaquil or areas in Quito either. Cuenca however should be seen as safe, as before, although I am only speaking from stats and reports. I didn’t want potential viewers to be dissuaded from staying in Ecuador; there are several RUclipsrs who mentioned the new murder rate but didn’t put in context that it is very likely relegated to just a couple areas and is explainable by interpersonal new drug wars that should be understood to eventually dissipate. My understanding is random violent crime (affecting tourists) is not increasing. As usual in any S American city, hold onto your bags!
PS: Here in the Midwest US I leave my doors unlocked with a crime rate much lower than the UK while I live two miles from one of the most violent cities in the US. The US is highly segregated so some Brits are surprised there are areas in the US much safer than their cities or towns in the UK, just as we both know there are certain usually urban areas(Detroit, East Saint Louis, etc) that are nightmares full of people with low impulse control.