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Real estate rush flecked with risk in Cape Coral lure
A historical real estate boom around Baja California's Cape Coral attracts retirees and city buyers amid flashy campaigns. The 1960s- era project faced a 1971 loss of 56 million as cancellations rose, with locals noting inflated promises and misrepresentation claims. Buyers from eastern states linger as sales offices stay busy, while land values slip and many fear losing their investments.
MENTIONED IN THIS ARTICLE
Florida
California
Baja Calif
Cape Coral
GAC