Speculative Bubble on Real State in Panama They bet to the higher bidder

A house in Panama is more expensive than a house in France. Why is this bubble impacting other markets? because foreign visitors with a higher income seize the market to the best prices and higher ones. So the natives go out of the bundle…. As Amartya Sen said, famine is not the consequence of not having enough to eat but not been able to attain the basket you are entitle because of your income. In the world there´s food, but some people just cant achieve the enough income to fulfill their needs If a larger buyer comes, with more money this will push the prices up, and that will result in the offset of the natives. Those who earn a national income, and do not profit from the gainings of the external commerce are out of the economics game. If the international commerce do not set in a fair way, those who are out of the game, will lose their chances to attain a good living standar. The case of the Panamenian Market is clear, many foreigners are trying to buy households, and those in Panama can´t profit from it, cause at the end they don´t sell the houses and can´t buy it. Is been said that some drug dealers are investing in Panama, they come with large ammounts of money and they displace the panamenian consumers. As we all know, when the market holdsmore money the goods and services become more expensive, to adjust demand and supply.