Exploring the Beautiful Casco Viejo (Panama Papers Vol. 4)

In this video, we will briefly explore the city streets of San Miguel, the center of Panama City, and home to the common working men and women. Also, I will show you the beautiful streets of Casco Viejo and the Metropolitan cathedral of Panama City. Join me as we explore more of this beautiful city in part 4 of the Panama Papers series.

[@dhan219]

I just sub to you I've seen you in the passport chats. You in my family city. Surprising you will find a lot of Colombian woman there a sprinkle sprinkle of Venezuelans.

[@RealRayMoney]

Much appreciated @dhan219! The diversity in Panama City is awesome... Beautiful women form everywhere!

[@Nycbeloved]

Cool architecture. Like you said, very old San Juan vibes. Beautiful church!

[@RAZORRAZE2K]

Good stuff. I'm gonna share this on my community post

[@RealRayMoney]

Thank you!!!

[@mundogonzalez-ob4do]

Nice video love it

[@RealRayMoney]

Much appreciated, thank you. Please share and hit the like button to promote the vid to the algorithm

[@reneesanchezmiranda8588]

Keep safe and stay out of those places my friend... or at least don't go alone.

[@jamesfry4058]

I've lived in Casco since 2008. Back then if you were willing to restore a building the UN agency UNESCO was making 0 interest 30 year loans. Casco was basically a slummy extension of Chorrillo and you could buy a 200+ year old titled street level retail shop with 4 apartments overhead for $20,000. Today, restored, that same building would list for $3-5 million. My, how things change

[@RealRayMoney]

James that type of gentrification is going on all over the place... Im not saying its a good or a bad thing as im sure there are pros and cons. You just have to sieze those opportunites when they present themselves. Thanks for watching my content, I would really appreciate if you subscribed if you'd like to support and see more content like this.

[@jamesfry4058]

@@RealRayMoney True. Actually, Casco is a terrible place to live. There's nothing there but tourist shops (and tourists) ..... no supermarket(s), no everyday type restaurants, no bakery, no shoe repair, no hardware store, no parking, no Metro, no nothing. It's like Boquete (and Florida in the US) everyone who visits wants to live there and after they do about 50% move out. It's just churn churn churn. At the moment, the heats on the cities best/livable neighborhood ..... El Cangrejo. 4 of us just bought a typical 65 year old 20 unit apartment bldg with 3 beds/3 baths and maid's quarters units ..... which fit the market in the 1960s but not today's market. We're converting it to 40 ultramodern 2 bed/one bath units and are 60% PRE completion contracted. Lots of vibrant change all over the city. It's not really having the terrible effects on working class people associated with "gentrification" because Panama has a 30+ year old law limiting rent increases in buildings of a certain age to no more than 10% annually thereby making them unattractive to developers. From a social stability POV very smart. Now if they'd just legalize weed .... oh well. Sure, I'll subscribe. All the best, James

[@RealRayMoney]

@@jamesfry4058 James, thank you for the subscription and the detailed response. I didn't know about the rent control laws in Panama, sounds like they are very protective of their citizens. Congratulations on the apt building purchase, how is it getting work done out there? How is it navigating the permitting process out there for construction? What about Labor? Sounds like you need to start a KZbin channel documenting all of that... I would subscribe as I'm very interested in learning about the challenges associated with building/construction overseas (especially Panama) . If you have a website with a site mock up of your property leave it here so we can check it out. You may get a sale out of it! Thanks again for watching and subscribing... I appreciate you.

[@debbieboyd9864]

Nice video. However, the music is so loud, it drowns you out.

[@RealRayMoney]

@debbieboyd9864 You are 100% correct and I only caught it after the video was posted. This was the 4th video I've ever produced and edited so I'm giving myself a little grace. Please check out some of my newer videos and hopefully you'll enjoy them (the sound levels should be better). Thank you for the feedback and thanks for watching... you're appreciated.