Texas for Sale?
Are real estate agents urging Mexicans to "reclaim a piece of Texas"?
Texan estate agents are heading south of the border to drum up the interest in buying cut-price land and property in the foreclosure-hit state.
Thanks to a rising Mexican peso and an economy which is growing faster than that of the US, a country that has previously been looked on by America as a source of cheap labour is now seen as a potential source of rich investors.
A "Texas for Sale" sign and cowgirl-clad models greeted visitors to a recent property fair in Monterrey, Mexico, at which hundreds of Mexicans looked over lists of potential investment opportunities.
Texan estate agents are heading south of the border to drum up the interest in buying cut-price land and property in the foreclosure-hit state.
Thanks to a rising Mexican peso and an economy which is growing faster than that of the US, a country that has previously been looked on by America as a source of cheap labour is now seen as a potential source of rich investors.
A "Texas for Sale" sign and cowgirl-clad models greeted visitors to a recent property fair in Monterrey, Mexico, at which hundreds of Mexicans looked over lists of potential investment opportunities.
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