Wednesday, June 25, 2008

They Are Taking It Back

From Bloomberg
"Texas Real Estate Slump Lets Mexicans Take It Back (Update1)

By Thomas Black" Bloomberg.com: News
June 25 (Bloomberg) -- More than a century and a half after Mexico lost Texas to the U.S., Virgilio Garza wants a piece of it back.

A ``Texas for Sale'' sign and cowgirls in boots and white hats greeted Garza at the Convex center in Monterrey, Mexico, earlier this month. A Monterrey developer and investor, Garza was in search of foreclosed U.S. property to buy.

``Texas is like our home,'' said Garza, 45, who joined hundreds of Mexicans poring over lists of Texas properties at the four-day event. Garza, who owns manufacturing sites and other land in Mexico, said he and five partners may invest as much as $8 million in Texas. ``We believe there can be some opportunities.''
`Great Time to Buy'

``Many of these people have children who are studying in the U.S.,'' Ramirez said. ``They've been renting or leasing and now it's a great time to buy.''


So their children (could be non citizens) are in our schools that we are paying for and they should come to our country and buy cheep homes!

Where is congress?

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