Belizes real estate boom for expats emerged as a side product of tourism. North American and European visitors increasingly become enthralled by the easy Belizean lifestyle against the backdrop of pristine beaches, coral islands on azure seas and vivid rainforests with breathtaking views. This boom has led to acquisition and exchange of a commodity that Belizeans took for granted, and has led to an appreciation in prices that are now beyond the reach of the average local citizen. The market, now largely void of local participation, has evolved among foreign interests to where values are ascertained not by North American standards of valuation, but by impulse and emotion. This market is wrought with imperfect titles, uncertain shareholdings, and boundaries based on unclear paperwork and surveys. This Gold Rush ease of acquisition of Belizean property has brought all types to Belize, and the culture clash that has resulted, fueled by intolerance by both locals and foreigners, seems to be leading to incidents of violence among their own and to a lesser extent, between expats and locals.
https://insideview.blog/2017/05/07/heart-of-darkness/
