My daughter sent me an email today from some friends that have relocated to Ecuador. It seems they have leased acreage for a organic farm and are looking for investors to build about eight eco-friendly homes on about 1 acre per household. Sound familiar?
So since this is right up my 'shared-resources' alley, I thought I would see what real estate prices were like in Ecuador. You can get this house for $180,000 in Cuenca:
Under Contract means the realtor has a signed contract to sell the home.
How about this one on acreage outside of town for $370,000? It has six bedrooms and six baths, full maids quarters and the taxes for 2009 was $145. (My older daughter thought the maid's quarters would be perfect for her younger sister. :-) I'm thinking an extended family could live here:
I guess these places are starting to look better and better to me when I realize the opportunities for our children are no longer in the United States. After reading a long article on the "lost generation" of new college graduates today, I realized this country is not what it used to be. Our "economy of war" is leaving me sad and dispirited. The huge shift to corporatism, with it's lack of moral obligation, is going to drive the best and brightest to other places, offering brighter futures.
Maybe it's time to look elsewhere, where we may not have as many amenities, but life can still be good. Maybe we can afford to retire before we're 80 years old. What do you think?
Here is a free handbook for moving to Ecuador.