Thread: Jobs in Mexico Available

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Jobs in Mexico Available
Most of the poor people living in Third World countries would jump at the opportunity to come to the U.S. and work. Their income would increase dramatically. Half of the people on the planet make only $2 per day. Sad as that is, we can’t simply open our borders up and let billions of destitute people come here. The human tidal wave would be overwhelming and the quality of life in the U.S. would drop due to overcrowding in cities, poverty, ethnic conflicts, and fierce competition for jobs.However, there is one group of low-income workers that does get to come here by the millions every year. And that is Mexicans who sneak over the border. Most come here and work hard, no doubt. Additionally, most Americans, including me, assume that they are running from unemployment and poverty in Mexico. So even if they are here illegally, most of us can’t help but feel some sympathy for them.
The Pew Hispanic Center just released a new study of Mexicans who come here to work illegally:
The vast majority of undocumented migrants from Mexico were gainfully employed before they left for the United States. Thus, failure to find work at home does not seem to be the primary reason that the estimated 6.3 million undocumented migrants from Mexico have come to the U.S. … Once they arrive and pass through a relatively brief period of transition and adjustment, migrants have little trouble finding work. Family and social networks play a significant role in this; large shares of migrants report talking to people they know in the U.S. about job opportunities and living with relatives after arrival. They easily make transitions into new jobs, even though most find themselves working in industries that are new to them.This is a surprise. If they can find work in Mexico, we should not feel as sympathetic about what will happen to these workers when we finally secure the southern border. In fact, if these workers stayed and worked at home in Mexico, perhaps they will demand reforms there and improve working conditions and wages for all Mexican workers. The U.S. will no longer serve as a safety value for the corrupt local and national governments in Mexico to continue their anti-growth ways.
Furthermore, Mexico is not that poor. Per capita GDP is $9600! Compare that to say India, where the one billion people there get by with a per capita GDP of $3100. Mexico is not that poor and the illegal immigrants in the U.S. can find work if they stay at home. So these are additional reasons why we should move full speed ahead with securing the southern border - and not feel too badly for Mexican workers while doing it. The current situation regarding the border makes a joke out of the rule of law in the U.S.

http://nospeedbumps.com/?p=574

Not securing our borders and granting amnesty to all illegals says to the world, 'no, we do not have the capability to secure our own borders or enforce our own laws.'

If Central Americans are doing many jobs in Mexico then the people should revolt. Then they can have jobs and not risk coming over here.

I am MIDDLE CLASS ASS. And believe me it is to difficult to live in here cause sometimes you need to sacrifice something like me this month.

I bought 2 lands 18 grands per land. Two costed me 36 grands. In 2008 i am going to start to build my House.

I am going to take this model house becuase i like it:
http://www.atlasvivienda.com

Life is to Expensive in here in electronics. I sacrificed my HUMMER 3 for TWO LANDS this DECEMBER.

Without a HUMMER 3 I feel the pourest human in the world

News Release, March 29, 2006

Morgan Stanley Real Estate Fund V and
Atlas Vivienda Form Joint Venture for
Land Acquisition and Development in Mexico

New York, March 29, 2006 - Morgan Stanley Real Estate Fund (MSREF) V International has entered into a joint venture with private Mexican homebuilder Atlas Vivienda. MSREF V International made a capital commitment to the joint venture for future land acquisition and development in Mexico and has acquired an ownership interest in the company. The joint venture will primarily develop middle-income homes in numerous markets throughout Mexico. This transaction represents Morgan Stanley Real Estate's first investment in Mexico.

"We believe that now is an attractive time to begin our investing strategy in Mexico. The country's gross domestic product is $1 trillion or 14th in the world, inflation is below 5% and the peso is liquid," said Sonny Kalsi, Managing Director and Global Head of Morgan Stanley Real Estate Investing. "A home ownership rate of 79%, a housing deficit of almost 6 million homes and 750,000 to 900,000 new household formations a year all make homebuilding an attractive growth industry in Mexico. We are pleased to be partnering with Atlas, a dynamic and entrepreneurial homebuilder with strong leadership, demonstrated management ability and impressive vision."

"We are delighted to have entered into this transaction with Morgan Stanley whose extensive global experience and comprehensive range of product offerings makes them our ideal partner. Morgan Stanley's strengths combined with Atlas' focus on delivering a market-leading product with superior design and quality makes for a uniquely powerful partnership in the Mexican homebuilding industry," stated Guven Giray, President of Atlas Vivienda.

Atlas Vivienda is an integrated homebuilder based in Mexico City, Mexico with extensive experience in the low and middle-income homebuilding industry throughout Mexico. Over the last 4 years, Atlas has distinguished itself from its competitors by building homes of superior quality at competitive prices. Atlas currently has projects under development in the state of Mexico, Torreon, Chihuahua, Queretaro, and Aguascalientes.

Morgan Stanley Real Estate is comprised of three major global businesses: Investing, Banking, and Lending. Since 1991, Morgan Stanley has acquired $77.5 billion of real estate assets worldwide and currently manages $43.1 billion in real estate assets on behalf of its clients. In addition, Morgan Stanley Real Estate provides a complete range of market-leading investment banking services to its clients including advice on strategy, mergers, acquisitions and restructurings, as well as underwriting public and private debt and equity financings. Morgan Stanley is also a global leader in real estate lending and, using its own capital, originated upwards of $26 billion in commercial mortgages in 2005. For more information about Morgan Stanley Real Estate, go to:

www.morganstanley.com/realestate

Morgan Stanley (NYSE: MS) is a global financial services firm and a market leader in securities, investment management, and credit services. With more than 600 offices in 28 countries, Morgan Stanley connects people, ideas and capital to help clients achieve their financial aspirations.

Read the note on Morgan Stanley's website


Venture Equity Latin America informa sobre la inversión de Morgan Stanley en Atlas

Morgan Stanley Invests in Mexican Homebuilder Morgan Stanley Real Estate Fund V made an investment in Mexican homebuilder Atlas Vivienda. The transaction included a capital commitment to a joint venture with Atlas, as well as a purchase of a share of the equity of Atlas. The joint venture will be a land acquisition and development vehicle that will build middle-income homes throughout Mexico. The total financing amounted to $75 million.

Atlas is based in Mexico City and currently has development projects in the states of Mexico, Torreon, Chihuahua, Queretaro and Aguascalientes.

There is an estimated housing deficit of almost 6 million homes in Mexico, and roughly 750,000 to 900,000 new homes are being built each year.

In fact, if these workers stayed and worked at home in Mexico, perhaps they will demand reforms there and improve working conditions and wages for all Mexican workers.

If our government really wanted to help the Mexican people they would send a few labor unions, Cardinal Mahoney, Jesse Jackson, Sen. McCain & Kennedy, Gov. Richardson & Napolitano, Mayor Villaraigosa (Los Angeles), Mayor Bloomberg (New York) to Mexico. I think these folks could be movers and shakers in Mexico. However, Mexico's gain would be our loss.