Tim Worstall🔒 SSL Verified

Table of Contents

• ↓ Those Cabo Verde hotel rooms
• ↓ It’s a wondrous prediction
• ↓ Err, yes
• ↓ Sounds good to me
• ↓ Already I tell ‘ee, already
• ↓ We are going to be so blessed, aren’t we?
• ↓ Top Alternatives to timworstall.com

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Content Snippets from timworstall.com

"So, yes, all your pension into a hotel room in Cabo Verde. Or, well, no."

"On the other hand something on my radar here. So there’s a zinc mine just down the road – 10km. They use a lot of non-local labour. The companies that find the staff for the mine rent cottages for the miners to live in. So there’s a strong local rental market."

"Ruins are €20 to €40k. Reconstruction of something with sound walls and roof is perhaps €600 m2. Wholly new build €1,000. Something 80 to 100 m2 will take 3 or 4 miners. Rents are, for that, €1,000 to €1,200 a month. And, well, that works. There’s also a market for reconstructed housing at minor league profit over and above that reconstruction cost."

"Imagine a disaster, hugely over budget etc, you still get some of it back as houses here do indeed sell."

Key Topics & Focus Areas for timworstall.com:

Those Cabo Verde hotel rooms

It’s a wondrous prediction

Err, yes

Sounds good to me

Already I tell ‘ee, already

We are going to be so blessed, aren’t we?