Dgte& Valencia are the featured cover article in this months International Living magazine (internationalliving.com). That hotel up by the plaza really needs to open fast. Here comes another flood of expats.
Not all of them will stick though. They might drive prices out of sight though before they move on. Better stock up on any difficult to find items before they descend on the stores like locusts, a two year supply should be sufficient to outlast this wave.
Be ready for land/house price surge. The wife runs the magazine while the husband invests in real estate. Which one do you think makes it to a featured area first?
Business 101 isn't it? Create a perceived need, profit from satisfaction of perceived need, then move on to the next one.
There have been businesses in the past that provided a good product at a fair price that made a modest profit off of each customer and since their product and price were excellent they had a virtual monopoly and so they made a huge amount of money every year. A US example would have been Bell Telephone. Bell lost their monopoly through deregulation and everyones phone bill skyrocketed. I gave a Bell telephone to my brother, it still works because it is only 70 years old. Another example would be Ford motor co. They paid their non-union people more than GM paid their union people. Henry Ford wanted his workers to be able to afford the cars they made. Maybe not noble but not the general bottom of the barrel muck rakers that make up so much of business today.
