Ecuador, professor states International LIving “grossly misrepresent the facts” about costs in Cuenca

According to cuencahighlife.com, Elizabeth Cowans, a British demographer who has been a visiting professor at two of Cuenca’s universities, agrees with Alvarez. “As a sideline to my teaching, I have been following the expat community here for seven years and I can safely report that it has changed remarkably in the past two or three years,” she says. “To be blunt, as a group, the more recent exapts are older and poorer, and this obviously affects real sales.”

ECUADOR REAL ESTATE

MOVING TO ECUADOR – READ THIS BOOK FIRST

Cowans says that some of the change can be attributed to publications and websites such as International Living, which have promoted Cuenca for its low cost of living. “It’s fair to say that they grossly misrepresent the facts,” she says. “On the other hand, the bad economy has created some desperate people who are willing to do anything –and go anywhere– to survive.” Read Article