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agreed
"views" "large" and "easy" are of course subjective terms, but I think basically what Jimmy is saying matches with what I've seen. I've seen some good price drops in the properties in my five-figure price range. I also know about one huge property that seems remarkably cheap and a few developments with views barely out of my price range where the prices have dropped a lot. On the other hand, in the particular development where I rent (but cannot afford to own) the two owners I talked to would rather eat rice and beans than sell the properties for less than their purchase prices. Just to sum that up, I think in the low to mid six figure range I think Jimmy is right. Of course this is somewhat Costa Rica focused; i think the situation in Nicaragua because of other problems doesn't share this characteristic.