Daily Archives: May 20, 2017

Puerto Rico Woos Home Buyers – WSJ 11-19-15

Incentives change behavior, whether for good or bad. https://www.wsj.com/articles/puerto-rico-woos-home-buyers-1447947744 Puerto Rico Woos Home Buyers Financial incentives are luring home buyers to Puerto Rico, where some jumbo loans have lower down-payment requirements than those in the states. Illustration: Chris Gash By … Continue reading

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Puerto Rico debt crisis drives exodus to U.S.

Puerto Rico debt crisis drives exodus to U.S. Published on Aug 13, 2015 New austerity measures are imposing more economic pain on U.S. territory Puerto Rico, which already has a poverty rate almost double that of America’s poorest state. In … Continue reading

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Puerto Rico cannot compete with other Caribbean islands due to the Jones Act, minimum wage laws, excessive debt, per Peter Schiff

Puerto Rico cannot compete with the other Caribbean islands due to the Jones Act, minimum wage laws, excessive debt, per Peter Schiff.  His mains recommendations are to eliminate the Jones Act, eliminate minimum wage laws, restructure the debt.

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