Friday, April 16, 2010

Where To Send Illegals Packing? LUX CONDOS ON THE SEA? Ever Expanding Mex Welfare State

MEXICANOCCUPATION.blogspot.com
There are 38 million illegals here, most from Mexico. Mexicans are here as looters and occupiers, not because they have any respect for this nation, our flag, language or culture!
California alone pays out $20 billion in social services to illegals that loathe us even if we’ve paid for the birthing of their ten kids.
While Obama has promised these illegals, whom he’s referred to as “UNREGISTERED VOTERS”, amnesty, or at least NO ENFORCEMENT, why not send the illegals back to NARCOmex to fly their MEXICAN FLAGS off the balconies of these condos?
They could hop the border when they’re pregnant again to birth in ANTONIO VILLARAIGOSA’s Sanctuary City of Los Angeles, which pays out $600 MILLION in welfare to illegals – and all pregnant Mexicans welcome for GRINGO PAID BIRTHING= 18 YEARS OF WELFARE.
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HOWEVER THE MEXICAN OCCUPATION AND EVER EXPANDING WELFARE AND PRISON SYSTEM MAY COME TO A CLOSE IF WE ELECT STEVE POIZNER AS GOV, AND TOM CAMPBELL TO REPLACE LA RAZA BARBARA BOXER!!!
DON’T VOTE FOR LA RAZA ENDORSED CANDIDATES AGAIN, OR YOU WILL BE FLYING A MEX FLAG OVER YOUR ROOF AS WELL!
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latimes.com
REAL ESTATE
Baja California luxury developments go from boom to bust
The Americans who flocked to buy oceanfront condos south of the border have vanished. Prices have plummeted, and some cash-strapped developers have halted projects midway.
By Alana Semuels
7:10 PM PDT, April 15, 2010
Reporting from Rosarito Beach, Mexico
The condo in the Palacio del Mar development just south of Mexico's Rosarito Beach spares no luxuries. Travertine tile. Stainless steel appliances. A customized wine rack.

Then there's the view. On one side is the glittering Pacific. On another, just 30 feet away, is the half-completed shell of an adjacent condominium project. The building looks like an abandoned parking garage, with floors of concrete piled atop one another and steel spikes poking out from the floor.

This luxury condo belongs to Dan McNeil, a Phoenix real estate investor who put it up for sale a year ago after the value of his properties above the border tanked. He hasn't found a buyer yet; this area is littered with vacation units for sale.

"It paints a picture of a depressed economy, depressed conditions. It doesn't make it look like a happy place to go live or vacation," McNeil said of his condo's lifeless neighbor.

These days, many views in northern Baja California feature both sea and skeleton. Up and down the Pacific Coast from the Tijuana border to Ensenada, the concrete-and-steel frames of half-completed luxury towers stretch up into the sky.

Some of these oceanfront properties are surrounded by piles of garbage, fences and rusting beams. Billboards that once advertised swanky real estate developments are now neglected, tatters of ads hanging off them as if they've been shredded by a storm.

This area, about 30 miles south of San Diego, is one more casualty of the U.S. housing boom and bust. As U.S. real estate values inflated during the bubble, American homeowners pulled equity from their properties and put down hefty deposits on vacation homes in planned developments in Baja, driving up prices here. Many of those purchasers were speculators hoping to resell their units before construction was finished.

When the U.S. bubble burst, buyers vanished. So did financing. Some owners walked away, and cash-strapped developers halted projects midway. Thousands of Baja properties are now for sale or for rent, or are only half completed. Real estate experts estimate that prices have fallen 25% to 30% since the peak.

"It was a gold mine to build a big tower on the beach, but once the market tanked, all of a sudden everyone wanted out," said Jean-Paul de Kervor, chief executive of Maquila Properties Inc., a consulting firm in Baja California.

News of narco killings involving Mexican drug gangs in Baja is also keeping buyers and renters away.

"It's a double whammy: Mexico is tied to the U.S. economy, then you have the added fear factor of what people read about the drug war," said Brian Flock of Flock Dream Homes, which sells real estate in San Diego and Baja.

Many American buyers in Baja put 30% to 40% down, which is typical in Mexico, with the balance due upon the completion of construction. Now that the condos are finished, many purchasers don't have the cash or credit to close their deals, said Kathy Katz, co-owner of Baja Real Estate Group, which represents two of the largest developments on the coast.

"At the time, the demand was there -- we sold out. But now about half the people have pulled out," Katz said as she walked past squares of Italian porcelain, a tarp and a wheelbarrow in a luxury condo in the Palacio del Mar development.

Most developers have altered ambitious building plans since the real estate slowdown. Although construction is complete on a fifth tower at the Calafia development, developer Groupo Gor is leaving the interiors of the condos unfinished until someone buys them. The floors and walls are gray concrete covered in splotches of white paint. Pipes and wires stick out of the floors.

Down the road in the Club Marena project, developer Marena Pacifico is waiting until the economy picks up to build a third luxury tower. Next to a recently completed tower there's a deep pit gouged in the soil. Behind it, what locals say is the world's second-largest statue of Jesus is perched on the hill.

In Las Gaviotas, an older community that features brick homes and tiled streets, about 15% of the 298 homes are for sale, Katz said. During the last decade those properties turned over only occasionally, she said.

At the 72-unit Palacio del Mar, nearly 25% of buyers have defaulted on their contracts. McNeil, the Phoenix investor, purchased his three-bedroom condo for $477,000 after seeing ads for it three years ago on a Baja trip. Then came the economic downturn. McNeil, who owns five rental properties in the U.S., saw his net worth cut in half. He's now trying to sell the Mexican condo for $439,000.

After 20 years of visiting Baja with his family, McNeil says he's finished with the seaside community.

"I am pretty certain that I won't be investing any more money in that area for a long time," he said.

Judging by the half-completed buildings that dot the coast, many other would-be Baja residents are in the same position.

There's the gigantic Residences at Playa Blanca, which advertises "24-hour gourmet dining" and a "world class spa" on banners next to the highway, but which remains frozen in construction, scaffolds and pipes lined up on the grounds. The fortress-like condos at Las Olas Mar y Sol, which sit next to a steel skeleton structure, are surrounded by piles of trash.

Perhaps the best-known such flop is at Trump Ocean Resort Baja, a luxury hotel-condo project developed by Irongate Wilshire and PB Impulsores. Flamboyant real estate tycoon Donald Trump licensed his name to the resort, whose units sold for as much as $3 million in splashy pre-construction sales events.

But the project was never built. All that's visible now is a fenced-in hole, faded pink Trump Baja banners waving in the breeze. Buyers, who are out $32.2 million in deposits, sued Trump and the developers last year.

The real estate bust and tourism slowdown have crippled businesses in Rosarito Beach. On the main street, Boulevard Benito Juarez, sushi joints and coffee shops that cater to Americans sit empty. Lupe Perez, owner of El Nido restaurant, says his business has dropped 80% in the last year or so. Still, he has resisted firing staff members.

"This waiter has been here 28 years. He's third generation. I can't tell him to just go home," Perez said, gesturing toward a man clearing off an empty table.

Some observers say the downturn in Baja is just a temporary blip and buyers will come back soon. Rosarito Beach is on the coast, after all, and only about half an hour from San Diego. Prices on three-bedroom condos on the shore start at around $280,000, a fraction of what they'd cost in the U.S.

But the promise of cheap real estate just across the border isn't quite as appealing when there's plenty of it to be had in the U.S. too.

"What's hurting us is that now you can buy a nice Vegas condo for $150,000," Baja real estate agent Katz said. "We used to be that."

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MEXICANOCCUPATION.blogspot.com
What is the impact of an invasion of 38 million illegals, most of whom occupy California, and the staggering cost of this Mexican invasion and occupation for “cheap” Mexican labor?
There are only eight (8) states with a population greater than Los Angeles. Here, 47% of those employed are ILLEGALS USING STOLEN SOCIAL SECURITY NUMBERS. Here also, 95% of all arrest warrants for MURDER are for MEXICAN ILLEGALS. Here the County of Los Angeles pays out $600 million for welfare for ILLEGALS!
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SANCTUARY COUNTY LOS ANGELES SPENDS $600 MILLION ON WELFARE FOR ILLEGALS
County Spends $600 Mil On Welfare For Illegal Immigrants
Last Updated: Thu, 03/11/2010 - 3:14pm
For the second consecutive year taxpayers in a single U.S. county will dish out more than half a billion dollars just to cover the welfare and food-stamp costs of illegal immigrants.
Los Angeles County, the nation’s most populous, may be in the midst of a dire financial crisis but somehow there are plenty of funds for illegal aliens. In January alone, anchor babies born to the county’s illegal immigrants collected more than $50 million in welfare benefits. At that rate the cash-strapped county will pay around $600 million this year to provide illegal aliens’ offspring with food stamps and other welfare perks.

THE EXORBITANT FIGURE DOES NOT INCLUDE THE ENORMOUS COST OF EDUCATING, MEDICALLY TREATING, OR INCARCERATING ILLEGALS ALIENS. THIS COSTS THE COUNTY AN ADDITIONAL ONE BILLION DOLLARS.

The exorbitant figure, revealed this week by a county supervisor, doesn’t even include the enormous cost of educating, medically treating or incarcerating illegal aliens in the sprawling county of about 10 million residents. Los Angeles County annually spends more than $1 billion for those combined services, including $500 million for healthcare and $350 million for public safety.
About a quarter of the county’s welfare and food stamp issuances go to parents who reside in the United States illegally and collect benefits for their anchor babies, according to the figures from the county’s Department of Social Services. In 2009 the tab ran $570 million and this year’s figure is expected to increase by several million dollars.
Illegal immigration continues to have a “catastrophic impact on Los Angeles County taxpayers,” the veteran county supervisor (Michael Antonovich) who revealed the information has said. The former fifth-grade history teacher has repeatedly come under fire from his liberal counterparts for publicizing statistics that confirm the devastation illegal immigration has had on the region. Antonovich, who has served on the board for nearly three decades, represents a portion of the county that is roughly twice the size of Rhode Island and has about 2 million residents.
His district is simply a snippet of a larger crisis. Nationwide, Americans pay around $22 billion annually to provide illegal immigrants with welfare benefits that include food assistance programs such as free school lunches in public schools, food stamps and a nutritional program (known as WIC) for low-income women and their children. Tens of billions more are spent on other social services, medical care, public education and legal costs such as incarceration and public defenders.


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Forty-five billion of the US economy is sent back home, primarily to Mexico while YOU pick up their hospital, housing, social services, anchor babies, crime and educations costs.

No wonder banks like WELLS FARGO and BANK of AMERICA support La Raza! These banks make big money illegally opening up accounts for illegals to get in on those transfer funds.

Illegals cost CALIFORNIA alone 20 billion per year. While you’re paying the illegals’ bills, including the birth of their anchor babies, they’re sending money back to Narco-Mex.

Although the government wants us to believe there’s only 12 million of them in the whole country, anyone that’s been in southern California knows there’s 12 million here alone, and there is no place in this country, from border to border, that is not overrun by Mexicans. Just look for the graffiti.

Our schools are in “meltdown” filled with people that have been taught contempt for the English language. So our legislators bring in third-worlders from China and India to take our jobs. Eighty hospitals in CA are in bankruptcy for providing illegals’ free (for them) medical help. Ten percent of the children born in this country are from pregnant Mexicans hopping the border.

And then we watch them wave their Mexican flags in our faces.

It’s all about the WALMARTing of America.... Oh, and Arnold the circus freak has taken piles of money from the Walton family who have made twenty billion each from Walmart.

I want my children to hear English when they walk out the door. I want them to have a job that are now given to illegals who work cheap. I don’t want to see the Mexican flag waved in our borders.

If it’s so great in Mexico, the illegals surely must be eager to return.

NEW YORK TIMES
October 19, 2006
Flow of Immigrants’ Money to Latin America Surges
By EDUARDO PORTER
There is a common cycle to immigration from Latin America. Immigrants arrive in the United States and quickly find work. Several months later — in the case of illegal migrants, as soon as they have finished paying off the smuggler who brought them across the border — they start sending money home.

According to a new report about immigrants’ money transfers to Latin America, the remittances flow from almost every state. Even in states that had virtually no Latin American immigrants only a few years ago, like Mississippi and Pennsylvania, a growing trickle of money is making its way south to places like Tlalchapa, Mexico, or Panajachel, in the Guatemalan highlands.
“Twenty years ago the money was coming from four or five states; now it’s coming from every corner of the country,” said Sergio Bendixen, a Miami pollster who surveyed some 2,500 immigrants, legal and illegal, for the survey on which the report was based.
For the nation as a whole, the flow of money has become a torrent. According to the study, sponsored by the Multilateral Investment Fund of the 47-nation Inter-American Development Bank, remittances from the United States to Latin America this year will total more than $45 billion. That is 51 percent higher than they were only two years ago.
About three-quarters of Latino immigrants who were surveyed send money home regularly, up from some 60 percent in a similar survey in 2004. This may largely reflect growth in the population of illegal immigrants, who tend to send money home more often than others. They accounted for about 40 percent of remitters in the survey, up from a third in 2004.
Moreover, with immigration to the United States a regular part of the life cycle for large numbers of men and women in many parts of Latin America, sending money back to relatives at home has developed into a moral obligation.
“If you don’t send money to your mother, you are a bad son,” Mr. Bendixen said. “Remittances companies say this in their TV ads.”
The study’s estimates on remittances are in line with population figures from the Census Bureau, which found last year that Latin American immigrants made up 6.6 percent of the nation’s household population (that is, excluding people in jail, on military bases and such), more than half the total immigrant population.
The bureau also found that 1.2 percent of the household population of Pennsylvania was born in Latin America, as were 0.7 percent of the population of Ohio and 2 percent of the population of Indiana. These were states with virtually no Latino immigrants five years ago.
According to the data from the Inter-American Development Bank, money transfers from Indiana should approach $400 million this year, with the total from Pennsylvania above $500 million and from Ohio more than $214 million.
Indeed, the study found Latino immigrants sending money from 48 of the 50 states — excluding only Montana and West Virginia, where, Mr. Bendixen said, he did not survey because he expected very few remitters.
In addition to those two states, the survey suffers from very small samples in some with the most recent immigrant populations. But Mr. Bendixen said that in these states, the remittance figures should be off by no more than 10 percent.

The data are consistent with a known pattern in which Latino migrants move from immigrant-heavy states like Illinois to new frontiers like Pennsylvania in search of jobs.
“Somebody who is already here hears about a new plant opening and goes there,” observed Jeffrey S. Passel, a demographer at the Pew Hispanic Institute. “After a while, the word gets back to Mexico, and the migrant stream is no longer from California to a meatpacking plant in Iowa. It’s Mexico to a plant in Iowa.”
The reconstruction of New Orleans after Hurricane Katrina provides an example of how immigrant populations coalesce around jobs. Latino immigrants have flocked to New Orleans, where another study has found that by this summer, they accounted for half the reconstruction force, with 54 percent of them working in the United States illegally.
They too have begun to send money back. According to the bank’s survey, remittances to Latin America from Louisiana should top $200 million this year, a 240 percent increase since 2004.

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