Economy

After the mortgage crisis of the late 1990s in Colombia, builders opted for off-plan sales to be more secure. Because, made the decision to start the work only when reaching a break-even point of more than 50 percent, on average; that is to say, only with those insured sales, the money deposited in the trust by potential buyers was disbursed to start building. This decision was key to boosting the market, and, incidentally, to regain the confidence of buyers who lived with the ghost of the Constant Purchasing Power Unit (UPAC) crisis. Many of us remember the aftermath of that…

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Take note! Five tips to recover finances after Christmas

Due to the landslide that occurred on January 9 on the Pan-American Highway and left southern Colombia practically cut off, a project that has been structuring for several years has become the definitive solution to this problem that frequently occurs. ."The current road is only one lane in each direction and crosses the Romeral fault, which is activated frequently, and also, being close to the Colombian massif due to the rain process, it's a pretty unstable area and it is what has triggered several landslides in recent years,” the president of the ANI, William Camargo, told EL TIEMPO.(Read also: Closure…