Sales of retirement homes for American baby boomers have fallen as much as 70 percent as a result of poor economic conditions north of the border plus concerns over criminal violence in Mexico. Hardest hit have been developments in border areas, but asking prices also are reported to have fallen by 50 percent in Los Cabos and in and around Cancun.
--
Jimm Budd
Reporting From Mexico City
Member of the Society of American Travel Writers
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