I personally wish there was more concern and regulation on commercial development across international borders. Many of the countries in latin america are rapidly building along their coastline. Many of the builders are foreign and have little concern for the environment and lifestyle of the native people. The deal that saved the whale is great if it can hold the test of time. Over the past 10 years, Mexico has become an increasingly popular beach vacation spot for tourists. This had led to enormous increase in development along the coastline, especially the Pacific. The land between Rosarito and Cabo San Lucas is extremely deserted. This land is practically uninhabitable dessert. Now that the country is in turmoil, these building projects have been stopped and there is a mess of unfinished construction lining this coast.
In the United States we currently have over 10% of our commercial real estate vacant in every major city and this number is steadily increasing. in order to avoid this for developing countries, it would be beneficial for all, environment included, if more thought went into true need and layout of construction. Hopefully, we can manage this before we build over every piece of coastline only to abandon these buildings come recession.
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