Residensial building (Juan Dolio)


Construction Update

Lautaro makes a good point.

This looks like the boom in Miami.

A serious consideration is there are few jobs created on the long term.

Condos and resorts do draw tourists from abroad, but I have to question the pluses and minuses to the economy, price of land, etc.

Miami became spooky with many high rises, but the streets were filled with homeless and drug addicts, so there was a bizarre rich skyline with a bombed out city beneath.

No knock on any positive development here but the balance remains to be seen.

As "retro" as this might sound, I lived in the DR when sugar was the basis for the economy rather than tourism. The $$ created stayed and did not raise cost of living, which in retrospect appeared more stable and viable for the entire population.

No suggestions here to return to days of yesteryear with sugar, but when I see the D.R. begin to look like Miami, I get a sinking feeling in the pit of my stomach.

I hope I am wrong about these observations, and of course bow to all other comments.

Something is better than nothing.

I hope some manufacturing projects appear as well to balance this development.

More constructions = more taxes = more income for the government = more social invesment

Santiago

Oh yes, I got it indeed!!! Yes "More Constructions = More Taxes = More Income For The Government = More Social Investment For Santiago" In other words and meaning, "More Blanconization = Having kids with drunk tourists to boost DR's confidence = Furthermore deny that they are part African = More legalized prostitution over immigrants = More hate campaigns to the Haitians, even their own Dominicans who appear to have dark skinned hues..." taking away the Island's natural Caribbean paradise look and beauty with imitations of High developed Countries skyscrapers. Seems like silent colonization to me, just different methods and century is all.

In Other Important Meaningful Reports To DR's Boom:

You see those empty little lots..... those are the ones that Donald Trump sold for about 9,000,000 dollars....

But that also means: More constructions = more money from money laundering = more drugs on the streets = more human trafficking of haitian inmigrants into the DR = more pressure on the already precarious public services = more dumping on the salaries of the common dominican worker = more emmigration to PR. Also, do you honestly believe that the drug bosses will let the government to easily take big chunks from their ill-gotten money? Please, mr. Dom, en este pais ya no hay indios, asi que, por favor, te pediré que no nos veas la cara de pendejos, ya somos grandecitos para cuentos de Santa Claus, ¿o no? because that kind attitude is the one that explain why everything have grown to be so grievously wrong in our country, because people are only seeing (and applauding) that fulano is rich and investing on his people, while they never asked themselves not even once how the heck fulano got his fortune in the first place.

Well put

Next and speaking of boom, here is what I suggest Dominicans & Haitians to start looking into as far as alternatives to help solve their issues.

I suggest what is being debated in this News Video. This kind of BOOM should work perfect for both sides.

Let's look at the positive side of things. The Dominican Republic is developing its infractstructure and that's a positive thing. Let's stick to the positive side of this. The amount of growth with constructions is of a historical pace and solidifies the confidence the world has in the Dominican Republic. Stability and economic growth leads to investor confidence. It's nice to see the Dominican Republic progressing its infrastructure.