No Puerto Rico welcomed america in for multiple benefits such as federal aid and citizenship, unfortunately now the ones that stayed got lazy and stopped investing in there own real estate so this is inevitable just like gentrification in the inner cities, smartest move is for Puerto Rico to declare independence and take care of itself if everyone is so proud of it…. No more benefits from the US and you can make your own rules! Let’s see how that goes
@@That_guy_619 the main problem that p.r. may have if it becomes independent is the same corrupt politicians. they will keep selling the island so they can become wealthier. everything else is a bunch of "if".
Exactly Spain did more to kill off the Tainos and their culture than anyone else. Still too much corruption their in politics it's not about the wellbeing of their people or it wouldn't be so many people leaving. You can't make a fair wage there as a teacher or police your side hustles are the only think that the people are surviving on. Wealth gaps need to be closed corruption stopped and minimum social services needed
It’s wrong and we are not working or helping our people with this situation, is the right of the Puerto Rican people to stick together in all of our problems in the Island.
What exactly are we supposed to do? These are Gov't approved rights given to those who aren't from Puerto Rico. All it takes is a person with money to name the right price. Laws won't change, even if PR petitions this issue.
The law giving Americans tax free status is a local law that quickly could be rescinded if puertoricans get too pissed off like when we kicked the Navy and one governor out.
🇵🇷 Where I stand. Although Congress owns P.R. Keep in mind that puppets are installed in P.R. to hurt the Puerto Ricans. As a Puerto Rican, we need to go back to our roots, which is our identity in Christ. That's the foundation. We need to invest in our beliefs, unite as one, continue building together, and repeat daily. We need to block out the critics and keep focused on our goals at all times. Stay authentic to who we are, and focus on a collective goal AT-ALL-TIMES AND-DON'T-LOOK-BACK. #Ibelieve❤ 🇵🇷🇵🇷🇵🇷🇵🇷🇵🇷
California investors Blame your corrupt politicians turning a blind eye’s on this issues ,Neta and Latin kings need to fight these corrupt people 🇵🇷🇵🇷🇵🇷🇵🇷🇵🇷
Something has to be done before things turn into a blood bath!! You can't just uproot native Puerto Ricans out of their own ancestral land. Its going to turn into a very bad situation for those outsiders. Just a fair warning to those who are thinking about doing this.
They can, have... many times (Hawaii anyone), are doing it, and will continue to do it. The only solution is getting people in office that actually care and are focused on doing something about it. Lots of people, not just one or two. You honestly have to pull a republican tactic with abortion and get several radicals to start making noise and organizing.
Rican family it’s time to move back home the motherland needs us damn I don’t have much saved but I will have to buy something out there before it’s all gone smh
@@lizbethartemis4886 with this corrupt Puerto Rican government not much they can do I got myself a small part of land I purchased not much but it’s hard to pay mortgage In nyc and pr American Indians got a lil money from government nothing close to what they deserve but I am glad they are starting to expand I hope rich Ricans come back and put there money to there motherland.
@@lizbethartemis4886 The issue is most people on the island aren't wealthy. Therefore they can't buy property or land. Landlords are raising rent & forcing people to move. Land owners are facing high costs in electricity. The PR Gov't is corrupt and doesn't care about protecting land. Also we aren't recognized as Taíno native American descendents. Therefore the Gov't won't grant us Indian reservations that include protected land.
I've written a Policy Memo for my U.S. Foreign Policy class about this, it's terrible. Investors and wealthy businesses are coming after Puerto Rico, which ticks me off, considering that the Federal Government and Territorial gov't should cooperate more.
PR had been given several options, including the opportunity in the past to be an independent state & people on the island voted no to independence.. I still can't understand it..
@@DailyDose926 blah blah blah - go and listen to Bukele’s speeches on that subject matter. Spain gave away the land to Europeans hundreds of years ago to colonize the island. In 400 years did not even give PR a university. Stop whining. Make lemonade with the limes.
mahalo young lady for speaking for these folks and about the evil going on, Hawaii is full of corrupt polititions we can relate in many ways. things must change and this is how.
You're absolutely right the taxes are crazy on the island it doesn't matter if you're an investor and thank God for all the investors coming in cause they are cleaning up Abandoned buildings that people have ignored. I feel sorry for the 70 year old who thought that she could live an apartment for the rest of her life and not have a rent go up and there are affordable places in Puerto Rico she just needs to move from the coast and go inland. I believe this woman is a Russian operative trying to make us divided as people
Disclaimer, I’m not an economist. Now here’s my opinion on what I’ve seen from visiting and know from my family there. Puerto Rico doesn’t have much money coming in, so when investors come in and offer money they’re able to make strong propositions to the people. I’ll say this, it’s UP TO THE PEOPLE to decline these offers. Buy your land, build your properties, keep them within the family, and locals of the island. Don’t sell us out to some investor offering more money than your brothers and sisters on the island. Investors aren’t always a bad thing because it’s fresh money for the island. Assuming these investors drive tourism to the island, then that means more money for locals because of increased tourism. But if an investors goal is to come in, buy units, and raise rents against the locals… that’s not correct, and be careful of these vultures.
I think she is showing how Puerto Rico would be like Hawaii were Hawaiians can not afford to stay in Hawaii. If i were Puerto Ricans maybe make a law where only puerto ricans can buy property and if its investment then it should be 60/40 split so puerto rican company can benefit. Thats what is going on in the philippines but it is surviving. It will slow down foreign ownership but also the investment. That is my take since Bianca keep blasting how puerto ricans were being left out.
Well if only Puerto Ricans can buy there then let’s make them an independent nation amd revoke any citizenship rights that are inherent as a territory of the US. No more federal money goes in as Puerto Rico is truely useless strategically to the US.
None of those investors really bring any money here, they don't pay taxes and don't create jobs for locals and the money goes back to the US. Is time to begin a purge and get rid of those people once and for all.
Love Your content! Let’s not blame investors. The blame rests on shoulders de los Políticos. Puerto Rico needs to square away it’s affairs in order to keep Politicos & Government empleados accountable.
People saying this is happen everywhere should consider that this is happening to an island so small you can drive from one extreme to the other in a matter of hours, and that houses are becoming more and more scarce, especially after Hurricane Maria destroyed plenty, and building them has become expensive.
I find myself watching your videos one after another... makes me sick... just crazy that I'm just now hearing about all of it... thank you for what you do
Tenemos q darnos a respetar .lo triste de estos casos es cuando el puertorriqueño q tiene propiedades y q no tiene dinero para renovar esas propiedades aparte de tener deudas se vean casi obligados a vender y lamentablemente terminan vendiendo a cualquiera q le ofrezca algo q le alivie el dolor mental de sus deudas . Y la triste realidad es que la mayoría de nosotros tenemos deudas con las q no podemos lidiar .
Have investigated if this investors go find personal information about the property owner, purchase his debt, block his line of credit and so many shady practices in the island. Dig deeper if you have the stomach fortitude! They are in collusion with local governments to take what they want. Dig deeper!
Why is there no referendum on Act 60? Even if it's non-binding. Simply to get a feel for real pulse of Islanders views on this controversial tax break. PNP are the true architects behind this being introduced to the island. I don't think we will become another Hawaii. These kids today are much more socially conscious than the generations preceding them. Perhaps, we need to bring Hawaiians who've been in the forefront in Hawaii to spotlight this cultural onslaught of their beautiful islands. They might have lost the war. However, we still have a reasonable fighting chance. It's not too late. We're not like Hawaii where they're still figuring out how to save what's little left. Have several of those activists come to P.R and warn us. I think it's a reasonable idea that just might put some spark in people.
Dear this law applies to anyone including puerto ricans, not just "new" people moving into PR. Although since moving here, my husband has been very successful in the real estate market. It's a part of business when evicting tenants for higher paying rent or to build new condos. We take the risk and spend a lot, tear it down, build something new, but we end up making a lot. It's the same thing we do in the US, but PR can have better margins/profits.
Megan, this is a coordinated effort . This exact thing happened to me in Brooklyn. I sold my house and bought another house in puerto rico 2001. I thought since puerto rico was a forgotten island . I would live here quietly never making any noise. Now the jig is up . People now know this is paradise. Even the people from California come here to live the American Dream. There's no where left to run to.
I love that you keep us updated. I truly appreciate that. But I'm not going to lie. I am MAD ASF at what's happening in Puerto Rico. Se me rompe el corazon! Y estos tax breaks que no son para los que deverdad se lo merecen. The entire situation is truly infuriating!
Keep up the good work, and exposed corruption...greedy people are demons in human forms. Only reason for their existen is to destroy society at all cost
I am a gringo living in San juan and I can't imagine the frustration the younger Puerto Ricans feel when dealing with the older Puerto Ricans who have Stockholm syndrome. Anyone with a brain can see that Puerto Rican independence is the only way, but the old people here just can't see that, and they keep voting for people supporting their persecutors... same thing happens on the mainland, but the stakes are far higher here...
It’s not just Puerto Rico we had the house bought that we were renting when I was a kid in Kansas we had to be out in a week we were poor then but we worse afterwards times are hard everywhere for everyone and it’s our own fault because we don’t gather in mass for change
So you rent your whole life and never look for a way out to ownership. You take advantage of PR being in a recession for 11 years with extremely low rents with no incentive for a developer to build new properties, banks to lend, or landlord to own to rent. Then you complain that PR is a colony of the US and should not become a state. But when PR takes advantage of its status as a territory and offers tax incentives and money comes in to renovate the old buildings and put them to their best use, you complain. You could also get tax advantages for building or renovating hotels even if you live on the island. Also there are incentives for young entrepreneurs to pay no tax on the first $500k. What is your solution or alternative? For the old lady to keep living on the $400 per month apartment and the building decaying until PR looks worse than it already does? Also who is selling the property for the blank check, a Puerto Rican resident that could also invest. Buying properties, renovating them, and putting them to the best use is a natural cycle for what is called progression. Otherwise there is no incentive to invest. You are doing more harm than good while your intentions may be the best. With your proposal, PR will have another 50 years like the last 15 with no progress.
Gentrification is wrong everywhere. This is one example. The problem is that we everywhere do not organize against this everywhere. Give them no place to do this injustice and displacement perpetrated by real estate goons. They give those tax breaks to gentrifiers/colonizers in Detroit. Same tactic.
This is how it works. You don’t get pardoned for being weak. Our land got concurred by the US it’s amazing they didn’t do this already. It’s our own fault for not investing back into ourselves and letting this happen in the first place. I don’t feel bad at all. This is what you get
The entire story isn't being told what about the bailouts of billions a few years back when the island was bankrupt and mainland usa came to the rescue , what about all the economic aid for hurricanes and infrastructure... The money is in the PR politicians pockets not the people. Why only 4 million residents when it used to be more? Most the PR kids I know want to go live and work in the USA.. Nothing is mentioned about the corruption of the government there or the locked up officials over the past few years.. All my native Puerto Rican friends say they won't move back and have even tried to move back but the corruption hasn't changed. The minimum wages for teachers and police are awful and unfair, Luma and their corrupt officials need to be replaced and social economic benefits should be equal like every other state including the Realestate laws there that are based on Spanish rule that is so old... All the abandon homes? Wonder why? Know how to stop it and have every since native want to move back? Make the laws fair, enforce homes that are abandoned to pay fines like anywhere in the states rather than take bribes with local officials..when some of the mayor's can buy a city park and make it their restaurant isn't corruption? Wonder why the mayor's all have so much Realestate? My heart and all my Boriqua Familia deserve better..it's so sad Bad bunny benefits on the tax breaks just like the Trump and wealth corrupt wealthy Puerto Ricans who are buying up 10 houses each but also are allowed to work for the office of Crim. Tell the truth and tell the whole story, I love my people and they deserve to vote in the elections for president of the USA and get fair treatment. Gentrification happening everywhere but don't blame statehood as bad I see it as the solution to empower fair rights and laws and regulations. I believe in the truth there are bad gringos there and everywhere but don't stereotype, I support statehood to stop all the years of corruption and I have hear the stories for 20 yrs from all my PR friends and family and seen it first hand. Fight the inequality in wealth gaps is where your anger should be directed so that the social problems can be solved for Isla Bonita and it's people and the environment.. Luma should give every home an amt to every family to go off the grid and choose solar independence. Or allow other electric companies on the island to compete with their corrupt practices
If someone gives you a blank cheque and tells you to write a number on it and you don't say £10 million, then you're a fool. They'll either pay it or not but at least you'll have an idea where they are willing to go to.
We not living in Jane n Tarzan era no more when the Government is not doing nothing about the matter they permit it. So is time to take full responsibility for our actions and start securing our future in other words if you want to live in peace and happiness don't but your trust on God put your trust in reality and honesty have some money saved up for your well-being. We evolving evolution is taking over and we have to be prepare for what the future will bring. Puerto Rico is in debt carrea politicians have stole the money not caring for the future generations
I'm on my way it's time to wake up I'm on my way the sleeper has awaken Vic demone I'm the star child indigo children we have to rise and fight and sacrifice My self my bloodline will live forever
At least you guys know your heritage, some of what your ancestors believed in, I'm white(they have us calling ourselves white, we don't even know where our ancestors originated. All i want is to know where I'm from, who my ancestors were, what they believed in, and at least some of their heritage. I'm incredibly sad by what's happening to your beautiful people, what's happening to ALL BEAUTIFUL PEOPLES OF THE WORLD! Hardly any of us are living where our people originated, we've ALL been colonized, yet my people are blamed for it. Does it make sense that they would do it to their own people too?? No it doesn't, i believe the RCC is behind all colonization, and maybe the Jewpiters(not the good ones) too. We all know we've been lied to about EVERYTHING, so why do we still believe their story about colonization! We can and will Manifest our freedom back, we've been suffering from amnesia far too long! The divine spark of our creator resides in every single cell in our body, it's time we start acting like it❤
Well,the can buy the property but we have a choice to make them.feel unwellcome.we have tools to make their life miserable.and the goverment cant stop that
I’m sorry this is happening. I really am. I want you to know something so it may help you look at the problem with another eye. It may help you make strategic moves. You obviously have the rich people buying up property problem. No question. The other front you need to be fighting on is the THIS is happening everywhere. The people loosing the places they have lived their entire lives. That isn’t going to stop. It isn’t and it’s not because it is Puerto Rico. My little city has the same problem. Houses in my neighborhood that shouldn’t be more than $250,000 are now $550,000. In just a few years. I am in Maine. I grew up in Portland and I can’t buy anything here. People buy houses and knock them down put up something that looks like a medical building and sell it for 1.5 million but no one is ever in the building. EVER. I went to the store yesterday morning and they were knocking down a nice home around the corner. It was gone before I picked the kids up at school. Seriously not joking. Only the foundation was left. The rest had already been taken away.
This is so sad! I’d like to understand the tax implications you alluded to between an existing resident and a new one? I thought our people payed no federal tax. Or are you talking about business taxes? Help me understand please!!! There are too many taxes but just want to understand this comparison a little better. Appreciate all you do!
this is a second colonization. the same thing that happen to Tainos will eventually happen to puertoricans.
Finally, some that acknowledges history.
No Puerto Rico welcomed america in for multiple benefits such as federal aid and citizenship, unfortunately now the ones that stayed got lazy and stopped investing in there own real estate so this is inevitable just like gentrification in the inner cities, smartest move is for Puerto Rico to declare independence and take care of itself if everyone is so proud of it…. No more benefits from the US and you can make your own rules! Let’s see how that goes
@@That_guy_619 Crowd Funding …
@@That_guy_619 the main problem that p.r. may have if it becomes independent is the same corrupt politicians. they will keep selling the island so they can become wealthier. everything else is a bunch of "if".
Exactly Spain did more to kill off the Tainos and their culture than anyone else. Still too much corruption their in politics it's not about the wellbeing of their people or it wouldn't be so many people leaving. You can't make a fair wage there as a teacher or police your side hustles are the only think that the people are surviving on. Wealth gaps need to be closed corruption stopped and minimum social services needed
It’s wrong and we are not working or helping our people with this situation, is the right of the Puerto Rican people to stick together in all of our problems in the Island.
What exactly are we supposed to do? These are Gov't approved rights given to those who aren't from Puerto Rico. All it takes is a person with money to name the right price. Laws won't change, even if PR petitions this issue.
The law giving Americans tax free status is a local law that quickly could be rescinded if puertoricans get too pissed off like when we kicked the Navy and one governor out.
Puerto Rico independence.
🇵🇷 Where I stand. Although Congress owns P.R. Keep in mind that puppets are installed in P.R. to hurt the Puerto Ricans. As a Puerto Rican, we need to go back to our roots, which is our identity in Christ. That's the foundation. We need to invest in our beliefs, unite as one, continue building together, and repeat daily. We need to block out the critics and keep focused on our goals at all times. Stay authentic to who we are, and focus on a collective goal AT-ALL-TIMES AND-DON'T-LOOK-BACK.
#Ibelieve❤ 🇵🇷🇵🇷🇵🇷🇵🇷🇵🇷
Claim your hebrew roots, you are of Ephraim. Son of JACOB, son of Isaac son of Abraham. They already got judah in the north.
That guy needs to write 3-5 million on the check then build/buy an apartment complex, take the money and invest it
Things like this broke my heart ! Our teachers , mother and father's get harassed , benefits cut and land destroyed, god stay whit us ! ✊🏼✊🏽✊🏾✊🏿
California investors Blame your corrupt politicians turning a blind eye’s on this issues ,Neta and Latin kings need to fight these corrupt people 🇵🇷🇵🇷🇵🇷🇵🇷🇵🇷
this law was made by puertoricans politicians. both majors political parties are responsible.
Macheteros and the FALN need to have a rebirth!
And then what? have the place run amuck with lawlessness. Then it be no different than Afghanistan
She is the best investigative reporter period....and also she is stunning.
Siga cubriendo asuntos en Puerto Rico. Necesitamos talento como el suyo.
If Puerto Ricans don't wake, we will become tenants in our own homeland.
All the rich Puerto Ricans need to unite and buy everything.
Eso es una idea pésima
Those Puerto Ricans are the ones they call" investors"
All PR people are rich, but the “leftists” want to bring socialism/comunism.
@@toddubois3315 Those aren't Puerto Rican investors. Those people are white people from the states, taking over a tax free investment
@@cheesyboygouda porque es una mala idea?
This is so wrong. The way native people are getting pushed from their lands is depressing and enraging. The hunger for money/power is unquenchable.
Blame The Puerto Rican property owner that sold the building to investors
Something has to be done before things turn into a blood bath!! You can't just uproot native Puerto Ricans out of their own ancestral land. Its going to turn into a very bad situation for those outsiders. Just a fair warning to those who are thinking about doing this.
They can, have... many times (Hawaii anyone), are doing it, and will continue to do it. The only solution is getting people in office that actually care and are focused on doing something about it. Lots of people, not just one or two. You honestly have to pull a republican tactic with abortion and get several radicals to start making noise and organizing.
Write 10M on the blank check. Play their stupid game.
Rican family it’s time to move back home the motherland needs us damn I don’t have much saved but I will have to buy something out there before it’s all gone smh
American Indians are buying land to expand their tribal lands. What are PR doing to preserve their land?
@@lizbethartemis4886 with this corrupt Puerto Rican government not much they can do I got myself a small part of land I purchased not much but it’s hard to pay mortgage
In nyc and pr American Indians got a lil money from government nothing close to what they deserve but I am glad they are starting to expand I hope rich Ricans come back and put there money to there motherland.
@@lizbethartemis4886 The issue is most people on the island aren't wealthy. Therefore they can't buy property or land. Landlords are raising rent & forcing people to move. Land owners are facing high costs in electricity. The PR Gov't is corrupt and doesn't care about protecting land. Also we aren't recognized as Taíno native American descendents. Therefore the Gov't won't grant us Indian reservations that include protected land.
@@DailyDose926 they have to unite - they have to stop trashing one another - and put $3 million pennies together and GET started. no whining allowed.
Build a wall. Keep the gringos out!
Well it is sickening but the government is in on it.
I love what you do You are amazing God Bless you 🇵🇷🇵🇷🇵🇷🇵🇷🇵🇷🙌🏽🙌🏽🙌🏽🙌🏽🙌🏽
En Puerta de Tierra eso es la orden del día. En el negocio que yo trabajo fuimos víctimas de los 2022
Ahi me crie yo 🙏🙏🙏PDT
I've written a Policy Memo for my U.S. Foreign Policy class about this, it's terrible. Investors and wealthy businesses are coming after Puerto Rico, which ticks me off, considering that the Federal Government and Territorial gov't should cooperate more.
read about kosovo and how serbians became the minority.
PR had been given several options, including the opportunity in the past to be an independent state & people on the island voted no to independence.. I still can't understand it..
@@DailyDose926 blah blah blah - go and listen to Bukele’s speeches on that subject matter. Spain gave away the land to Europeans hundreds of years ago to colonize the island. In 400 years did not even give PR a university. Stop whining. Make lemonade with the limes.
and they keep on dancing, having the most holidays, and keep on electing the same people.
mahalo young lady for speaking for these folks and about the evil going on, Hawaii is full of corrupt polititions we can relate in many ways. things must change and this is how.
Thats bullshit tax is still ridiculous for investors and for outside contractors looking to help on the island
You're absolutely right the taxes are crazy on the island it doesn't matter if you're an investor and thank God for all the investors coming in cause they are cleaning up Abandoned buildings that people have ignored.
I feel sorry for the 70 year old who thought that she could live an apartment for the rest of her life and not have a rent go up and there are affordable places in Puerto Rico she just needs to move from the coast and go inland.
I believe this woman is a Russian operative trying to make us divided as people
Disclaimer, I’m not an economist. Now here’s my opinion on what I’ve seen from visiting and know from my family there. Puerto Rico doesn’t have much money coming in, so when investors come in and offer money they’re able to make strong propositions to the people.
I’ll say this, it’s UP TO THE PEOPLE to decline these offers. Buy your land, build your properties, keep them within the family, and locals of the island. Don’t sell us out to some investor offering more money than your brothers and sisters on the island.
Investors aren’t always a bad thing because it’s fresh money for the island. Assuming these investors drive tourism to the island, then that means more money for locals because of increased tourism. But if an investors goal is to come in, buy units, and raise rents against the locals… that’s not correct, and be careful of these vultures.
I think she is showing how Puerto Rico would be like Hawaii were Hawaiians can not afford to stay in Hawaii. If i were Puerto Ricans maybe make a law where only puerto ricans can buy property and if its investment then it should be 60/40 split so puerto rican company can benefit. Thats what is going on in the philippines but it is surviving. It will slow down foreign ownership but also the investment. That is my take since Bianca keep blasting how puerto ricans were being left out.
Well if only Puerto Ricans can buy there then let’s make them an independent nation amd revoke any citizenship rights that are inherent as a territory of the US. No more federal money goes in as Puerto Rico is truely useless strategically to the US.
None of those investors really bring any money here, they don't pay taxes and don't create jobs for locals and the money goes back to the US. Is time to begin a purge and get rid of those people once and for all.
Love Your content! Let’s not blame investors. The blame rests on shoulders de los Políticos.
Puerto Rico needs to square away it’s affairs in order to keep Politicos & Government empleados accountable.
No it is on investors as well you don’t get to exploit people then claim it was just because it was legal
Blame The Puerto Rican landowners selling to investors. Plus many of these "Investors" are Puerto Rican
Any thoughts on how San Juan bay shipping businesses are being displaced in order to accommodate private yachts housing for the rich?
People saying this is happen everywhere should consider that this is happening to an island so small you can drive from one extreme to the other in a matter of hours, and that houses are becoming more and more scarce, especially after Hurricane Maria destroyed plenty, and building them has become expensive.
I live in Virginia, USA, and this is happening here too!
I'd write a million dollars on that check!
This is sad man. Family is going through the same thing. 😢
Thank the corrupt politicians who are cashing in on it
You are doing your best. Quidate su salud y familia . God bless
Ellos se aprovechan de las personas de campo y mayores. Sacan fotos y todo, de casas que quieren comprar.
I find myself watching your videos one after another... makes me sick... just crazy that I'm just now hearing about all of it... thank you for what you do
Yup huge tax break for capital gains.
My mom is actually going through this right now 😢😢thank God she found a place nearby she was devasted 😢❤❤
This is just horrible! Should not be happening.
Tenemos q darnos a respetar .lo triste de estos casos es cuando el puertorriqueño q tiene propiedades y q no tiene dinero para renovar esas propiedades aparte de tener deudas se vean casi obligados a vender y lamentablemente terminan vendiendo a cualquiera q le ofrezca algo q le alivie el dolor mental de sus deudas . Y la triste realidad es que la mayoría de nosotros tenemos deudas con las q no podemos lidiar .
We Americans are going through this now
History will always repeat itself. Happened with native americans, us mexicans & now yall
Have investigated if this investors go find personal information about the property owner, purchase his debt, block his line of credit and so many shady practices in the island. Dig deeper if you have the stomach fortitude! They are in collusion with local governments to take what they want. Dig deeper!
If I was given a blank check, I'd write 30 billion dollars on it and go deposit it.
Bet they would change their mind real quick then
Why so little, I would write 30 trillion dollars.
Not a good idea. Their evil plan is to change to digital and get rid of the dollar; under their rules.
@@RealengoPrimordialDemonno one has 30 trillion
@dipstick6730 well, I want to be the first.
Why is there no referendum on Act 60? Even if it's non-binding. Simply to get a feel for real pulse of Islanders views on this controversial tax break. PNP are the true architects behind this being introduced to the island. I don't think we will become another Hawaii. These kids today are much more socially conscious than the generations preceding them. Perhaps, we need to bring Hawaiians who've been in the forefront in Hawaii to spotlight this cultural onslaught of their beautiful islands. They might have lost the war. However, we still have a reasonable fighting chance. It's not too late. We're not like Hawaii where they're still figuring out how to save what's little left.
Have several of those activists come to P.R and warn us. I think it's a reasonable idea that just might put some spark in people.
Dear this law applies to anyone including puerto ricans, not just "new" people moving into PR.
Although since moving here, my husband has been very successful in the real estate market. It's a part of business when evicting tenants for higher paying rent or to build new condos. We take the risk and spend a lot, tear it down, build something new, but we end up making a lot. It's the same thing we do in the US, but PR can have better margins/profits.
Megan, this is a coordinated effort . This exact thing happened to me in Brooklyn. I sold my house and bought another house in puerto rico 2001. I thought since puerto rico was a forgotten island . I would live here quietly never making any noise. Now the jig is up . People now know this is paradise. Even the people from California come here to live the American Dream. There's no where left to run to.
I love that you keep us updated. I truly appreciate that. But I'm not going to lie. I am MAD ASF at what's happening in Puerto Rico. Se me rompe el corazon! Y estos tax breaks que no son para los que deverdad se lo merecen. The entire situation is truly infuriating!
We need to protest we need to stand up we need to do something before they completely take over like they did to hawaii
The freaking Government doesn’t care, or is too scared to do something, we speak but nobody wants to listen.
God knows of all this corruption and he will punish the rich thieves
Free Puerto Rico 🇵🇷
Its happening in Texas also but praying for Puerto Rico😢
Keep up the good work, and exposed corruption...greedy people are demons in human forms. Only reason for their existen is to destroy society at all cost
That’s all the way crazy…
that woman must file a complaint
I am a gringo living in San juan and I can't imagine the frustration the younger Puerto Ricans feel when dealing with the older Puerto Ricans who have Stockholm syndrome. Anyone with a brain can see that Puerto Rican independence is the only way, but the old people here just can't see that, and they keep voting for people supporting their persecutors... same thing happens on the mainland, but the stakes are far higher here...
It an investor came to me with a blank check I would easily put down a billion dollars or more.
It’s not just Puerto Rico we had the house bought that we were renting when I was a kid in Kansas we had to be out in a week we were poor then but we worse afterwards times are hard everywhere for everyone and it’s our own fault because we don’t gather in mass for change
A blank check, sell for 19 billion to rebuild the entire island
Sue those lawmakers
Canada is getting like that.
So you rent your whole life and never look for a way out to ownership. You take advantage of PR being in a recession for 11 years with extremely low rents with no incentive for a developer to build new properties, banks to lend, or landlord to own to rent. Then you complain that PR is a colony of the US and should not become a state. But when PR takes advantage of its status as a territory and offers tax incentives and money comes in to renovate the old buildings and put them to their best use, you complain. You could also get tax advantages for building or renovating hotels even if you live on the island. Also there are incentives for young entrepreneurs to pay no tax on the first $500k. What is your solution or alternative? For the old lady to keep living on the $400 per month apartment and the building decaying until PR looks worse than it already does? Also who is selling the property for the blank check, a Puerto Rican resident that could also invest. Buying properties, renovating them, and putting them to the best use is a natural cycle for what is called progression. Otherwise there is no incentive to invest. You are doing more harm than good while your intentions may be the best. With your proposal, PR will have another 50 years like the last 15 with no progress.
Gentrification is wrong everywhere. This is one example. The problem is that we everywhere do not organize against this everywhere. Give them no place to do this injustice and displacement perpetrated by real estate goons. They give those tax breaks to gentrifiers/colonizers in Detroit. Same tactic.
The tax thing is 💯 rich guys effing over the people who really live there
This is how it works. You don’t get pardoned for being weak. Our land got concurred by the US it’s amazing they didn’t do this already. It’s our own fault for not investing back into ourselves and letting this happen in the first place. I don’t feel bad at all. This is what you get
Pr needs to join the states and file for a state of emergency to improve these issues and living conditions
This is happening in Rincon too
Give me that check, I’ll right what ever number I want 😈
Wion should definitely employ you.
ROYAL DECREE of GRACES - 1815 - repeated by the people they elected.
This is so sad!!! Thanks for bringing awareness to our people! Love your content!!! Saludos!!! Miguel 🇵🇷
awareness - how about creating a fund to save PR to buy all available land for future generations.
I think 🤔. It's like this n Hawaii, but I'm not sure 🤔. Some state laws protect wealthy investors, not hardworking people 😪😭😭😢😥!
Again, thanks for bringing the ppl’s anguish to the masses, uprooting an older woman for greedy profit is vile
you need to start buying !!!!!!
The entire story isn't being told what about the bailouts of billions a few years back when the island was bankrupt and mainland usa came to the rescue , what about all the economic aid for hurricanes and infrastructure... The money is in the PR politicians pockets not the people. Why only 4 million residents when it used to be more? Most the PR kids I know want to go live and work in the USA.. Nothing is mentioned about the corruption of the government there or the locked up officials over the past few years.. All my native Puerto Rican friends say they won't move back and have even tried to move back but the corruption hasn't changed. The minimum wages for teachers and police are awful and unfair, Luma and their corrupt officials need to be replaced and social economic benefits should be equal like every other state including the Realestate laws there that are based on Spanish rule that is so old... All the abandon homes? Wonder why? Know how to stop it and have every since native want to move back? Make the laws fair, enforce homes that are abandoned to pay fines like anywhere in the states rather than take bribes with local officials..when some of the mayor's can buy a city park and make it their restaurant isn't corruption? Wonder why the mayor's all have so much Realestate? My heart and all my Boriqua Familia deserve better..it's so sad Bad bunny benefits on the tax breaks just like the Trump and wealth corrupt wealthy Puerto Ricans who are buying up 10 houses each but also are allowed to work for the office of Crim. Tell the truth and tell the whole story, I love my people and they deserve to vote in the elections for president of the USA and get fair treatment. Gentrification happening everywhere but don't blame statehood as bad I see it as the solution to empower fair rights and laws and regulations. I believe in the truth there are bad gringos there and everywhere but don't stereotype, I support statehood to stop all the years of corruption and I have hear the stories for 20 yrs from all my PR friends and family and seen it first hand. Fight the inequality in wealth gaps is where your anger should be directed so that the social problems can be solved for Isla Bonita and it's people and the environment.. Luma should give every home an amt to every family to go off the grid and choose solar independence. Or allow other electric companies on the island to compete with their corrupt practices
Well said!
A Las malas o las buenas rescatemos nuestra Tierra
If someone gives you a blank cheque and tells you to write a number on it and you don't say £10 million, then you're a fool. They'll either pay it or not but at least you'll have an idea where they are willing to go to.
Did you know that in Isabela they won't sell you a pice of land if you can't prove that the house you're going to build isn't worth over 300,000😢
What? Can you provide more information about this happening in Isabela?
We not living in Jane n Tarzan era no more when the Government is not doing nothing about the matter they permit it. So is time to take full responsibility for our actions and start securing our future in other words if you want to live in peace and happiness don't but your trust on God put your trust in reality and honesty have some money saved up for your well-being. We evolving evolution is taking over and we have to be prepare for what the future will bring. Puerto Rico is in debt carrea politicians have stole the money not caring for the future generations
I call BS on the blank check story.
I'm on my way it's time to wake up I'm on my way the sleeper has awaken Vic demone I'm the star child indigo children we have to rise and fight and sacrifice My self my bloodline will live forever
who in the government of puerto rico, isn't being paid by *investors*
I'd dare guess all that came up with the *law* pedro included .
Despicable.
I want to buy land and give it to the people of puerto rico
What have you personally done to help that lady. Did you find her an affordable apartment. Have you helped her pay the rent?
Is like 1492 never ends
I tell people what's going on in Puerto Rico then he tells me it's B.S. so I'm hoping he watch your posts 😮😮
At least you guys know your heritage, some of what your ancestors believed in, I'm white(they have us calling ourselves white, we don't even know where our ancestors originated. All i want is to know where I'm from, who my ancestors were, what they believed in, and at least some of their heritage. I'm incredibly sad by what's happening to your beautiful people, what's happening to ALL BEAUTIFUL PEOPLES OF THE WORLD! Hardly any of us are living where our people originated, we've ALL been colonized, yet my people are blamed for it. Does it make sense that they would do it to their own people too?? No it doesn't, i believe the RCC is behind all colonization, and maybe the Jewpiters(not the good ones) too. We all know we've been lied to about EVERYTHING, so why do we still believe their story about colonization! We can and will Manifest our freedom back, we've been suffering from amnesia far too long! The divine spark of our creator resides in every single cell in our body, it's time we start acting like it❤
don’t talk to us , puerto rico got plenty of rich artists that made it , where are they ? probably somewhere in california 😂
😂😂, the entire island is basically a 3rd world country
Well,the can buy the property but we have a choice to make them.feel unwellcome.we have tools to make their life miserable.and the goverment cant stop that
blank check?? how about 400 million dollars on it
I’m sorry this is happening. I really am. I want you to know something so it may help you look at the problem with another eye. It may help you make strategic moves.
You obviously have the rich people buying up property problem. No question. The other front you need to be fighting on is the THIS is happening everywhere. The people loosing the places they have lived their entire lives. That isn’t going to stop. It isn’t and it’s not because it is Puerto Rico. My little city has the same problem. Houses in my neighborhood that shouldn’t be more than $250,000 are now $550,000.
In just a few years. I am in Maine. I grew up in Portland and I can’t buy anything here. People buy houses and knock them down put up something that looks like a medical building and sell it for 1.5 million but no one is ever in the building. EVER.
I went to the store yesterday morning and they were knocking down a nice home around the corner. It was gone before I picked the kids up at school. Seriously not joking. Only the foundation was left. The rest had already been taken away.
Anither powerful video
Does that tax break apply to PRs that were born in the u.s.?
This is so sad! I’d like to understand the tax implications you alluded to between an existing resident and a new one? I thought our people payed no federal tax. Or are you talking about business taxes? Help me understand please!!! There are too many taxes but just want to understand this comparison a little better. Appreciate all you do!
laws 22 and and 20 are nonsense.
Stunning
Saludos .e gustaría contactar con usted para asunto académico.
Pr is part of the USA 🇺🇸 soo.
Wow imagine that
Wait... Some one writes you a blank check and thats bad ... Did the woeld end?
What’s the solution?
Interesting. I’m single and just wanna live there I’ll help you guys is that cool? Lol