Monday, September 14, 2009

RRJ#1

Reference: Ecuador - A Booming Real Estate Market. Michael Russell, from http://www.financenook.com/Article/Ecuador---A-Booming-Real-Estate-Market/31460

Summary:
In Michael Russell's article "Ecuador - A Booming Real Estate Market", the authors tell us that Ecuador's real estate market is very good and is developing very fast. First, the environment in Ecuador is very beautiful. Many house in Ecuador are near the beach and the mountains, so you can see some beautiful landscape. In Ecuador, the weather is very comfortable; it's not too hot or too cold. Second, houses in Ecuador are very cheap. Many people can buy the house which they want to buy. The last is that it don't have limit and foreign-exchange control in Ecuador, so people can earn more money. In this article, the author lets us know that Ecuador is a very good place to live and the real estate market in Ecuador is considerable.

Reaction:
This article lets me know Ecuador is a very good country to live in. It's very beautiful and the weather is very good. And the house in Ecuador is not expensive. I think when I am old I can buy a house in Ecuador. In Ecuador, it doesn't have limit and control, so it's very good for someone who likes freedom. I also know that the real estate market in Ecuador develop very fast. It means more and more people go to live in Ecuador. The financial meltdown doesn't have a vehement effect in Ecuador. So people who live in Ecuador must be very happy. When I am old and give up my job, I will live in Ecuador.

Vocabulary:
ancient: have long history
retreats: go back
tumultuous:babelism
profits:gain
stroll: promenade

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