Sometime back in my sophomore year of college I was speaking with a visiting economist and I told her about my crazy idea. Move nursing homes to Mexico. Labor there is so much cheaper, and nursing homes are generally labor intensive industries. It really is not that much harder to fly to Mexico than Florida and on the West coast it is often closer. So what do I see on the front page of the USA today outside of hotel room, but a story about Nursing homes for US citizens in Mexico. As the chart on the side of the story shows, labor costs are one-half to one-third of that of the U.S.
Good thing my Dad is studying Spanish!