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Originally Posted by Orchidflower
Has anyone been to both Panama City and Buenos Aires? Which city has more to offer? I've looked on the net, but have never been to either.
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I have been to both. I enjoy Panama City better however you need to buy now if you plan on living there long term. The canal extension has been approved. Which means wage inflation for the locals and lots of highly paid people to manage the extension will be moving there. The extension is suppose to be completed by 2014  . I plan on selling my condo around this time next year (when all those highly paid people will be moving there ). I expect prices to be going up because retailers will be able too. Also, shortage of maids, drivers, gardners (etc) will drive those prices up. Supply/demand pressures.
Of course, after the canal is extension is completed there will be lots of layoffs and the highly paid people will move to the next job. Sounds like prices will go down but it is not fun to live in a place where something like this happens. I worked in Subic Bay when the U.S. military bases closed down and left - it was not fun. Crime, crime, crime. Hope I am wrong but look at Puerto Rico - they wanted the U.S. bases closed - the place is a mess now. 
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