D.G. Kaye with another episode sharing a behind the scenes look at the real estate and cost of living in Mexico, particularly Puerto Vallarta which is a popular enclave for American and Canadian expats. Prices were trending upwards before the travel bans, but this might change following the current global crisis.
Mexican Tales – Part 3 – Observations and Commercialism
I’ve been spending part of the winter in Puerto Vallarta, Mexico for the past few years now. It’s a beautiful port town with friendly natives and Mexican charm, gorgeous weather, and good value for our Canadian dollar. But I’ve also noticed commercialism making its way into the way of life there.
Like everywhere else in the world, prices have gone up in PV across the board – food, taxis and housing. As many tourist destinations hike prices I noticed that PV seems to be going in that direction. Typically, the average working Mexican could not afford to eat or shop in the tourist zones as their earnings are on par with their cost of living. The tourist areas have been growing in price. Similar to how Cancun has become so Americanized in recent years that some say it’s lost its Mexican charm, but not quite there yet. I hope it doesn’t lose its Mexican charm. But it’s definitely the North American expats – both Canadian and American that are surely driving up the prices with all the growth PV has been enduring, particularly in buying up real estate there.
Bartering on the beach or market has become more of an educated procedure rather than a fun past time. It used to be sellers would start a bit higher on pricing, knowing they had to leave room for haggling, which is something they expect. But there seems to be a new theme now in educated guessing if you’re a savvy bargainer – which I am. Seems to be the trend for these items when you ask the price they will charge double the price they’ll ultimately accept, plus maybe a few hundred Pesos on top for good measure. Since I love to go to markets and look at price tags, I have a good idea of how much I should be paying for something. For example, I’d bought a beautiful silver elephant pendant encrusted with colored rhinestones inlaid, at a pop-up market for something like $25 Canadian dollars. The asking was equivalent to $35. A week later I saw the same pendants at another market asking for $80 equivalent. I said thanks and walked away, and the seller was snarly when I told him I already had one for way less money. I couldn’t help but notice how the market sellers have raised prices on everything, leaving me feeling as though something in the art of markets has been lost. Mexican prices are fast becoming North American prices, taking away part of the allure of market shopping. But it’s fun to visit the various markets just to see some of the wonderful artists and their creations, regardless if I’m purchasing or not.
Head over to read the rest of this interesting look at one of the expat hotspots in Mexico: Mexican Tales Part 3 – Observations and Commercialism by D.G.Kaye
Check out Debby’s new series here on Smorgasbord – D.G. Kaye Explores the Realms of Relationships 2020
Thanks for dropping in today and I hope you will head over to enjoy Debby’s post in full.. thanks Sally.