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IPFS News Link • Ecuador

U.S. Baby Boomer Gentrification Wreaks Havoc on City in Socialist Ecuador

• breitbart.com

U.S. retirees, a recent city study revealed, are also causing conflict in the city, raising real estate prices, demanding English-language service, and threatening to sue locals accustomed to more "casual" business contracts.

In a report this week, the Miami Herald highlights the blissful existence of upper-class white American migrants who have flocked to Cuenca, attracted by retiree blogs and news sites that emphasize the appeal of its temperate weather and inexpensive healthcare and real estate.

"In Cuenca, a city of about 350,000 people, they've found robust public transportation, an extensive museum network, solid healthcare and markets bursting with fresh fruits and produce," the Herald notes. "It's a place where their two-bedroom, two-and-a-half bath apartment costs less than $400 a month. They've found that for about $1,500 a month, they can live a solidly upper-class lifestyle, dining out frequently and traveling." The newspaper notes that a bus ride for seniors costs $0.12, and medical procedures are orders of magnitude cheaper than they would be at home.


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