Just hours after President-elect, Barack Obama clinched the victory, preparations for his term in the White House are already under way! And prepare he must, as he will inherit on Jan. 20 the worst financial crisis in 70 years and two wars. In a landslide victory, the US has decided to go with the Democrats in an effort to save their crippled economy, despite the warnings spat out by the GOP during the election campaigns.
In conversations with investors, it seems that some view the Democratic victory as a clear indication that some of the funds slated for the US investment market will be diverted to smaller emerging markets around the world. Could Roatan be one of those smaller markets? We're emerging. We're small. We're close to the US. We've got a proven track record of consistent growth. We have a developing tourism market.
With the US instability more than likely to continue for some time, many investors are turning towards projects in the Caribbean and abroad. Stocks continue to slip and property values are deflating all over the States. So foreign investment is looking better and better for many Americans. Higher taxes promised by Obama is another reason people with money will be looking south. The results of this election may just prove beneficial to Roatan and we're ready! Our MLS has more listings than ever before. Prices are low on beachfront properties and the hits are coming in off the websites! Now is a great time to buy!
Good luck with the job ahead, Mr. Obama! And please send any extra cash you may have down here! Roatan is always willing to give you a great return!
