Foreign Investors Group

Do you all know why our Bay is so dirty? where do you think that all the waste and dirt from the toilets and the canalisations go? This Bay startet to get contaminated since those buildings appeared (maybe in the 80s?) And it’s gonna get worse if the people don’t do anything! so sad to see how many fisherman families just lost their main natural source and now are pressed to leave their homes, so this huge monsters there can be built…

If the Panamanians would impose a heavy tax on land values and untax improvements, they would prevent the speculative increase of real estate value which is really, always and everywhere the increase of land values and not the value of improvements. But the govt. is not likely to do this because it is ruled by the landowners as are all governments. Huge investments in Panamanian real estate for the purpose of riding values up will merely result in a bust sooner or later.