Environment plays an important part in whether American baby boomers will opt to buy a retirement home in Mexico, according to a study issued by the International Community Foundation, as reported in the newspaper Reforma. Environmental matters are being much discussed these days in light of stricter regulations protecting mangroves along the coasts.
Mangroves are considered a defense against flooding and hurricane damage, but developers argue that the new regulations may cost the country hundreds of millions of dollars in investment. The Community Foundation, for its part, says that concern about over-building, inadequate trash collection and pollution prevention may discourage potential buyers from acquiring real estate in Mexico.
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Jimm Budd
Reporting from Mexico City
Member of the Society of American Travel Writers
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