Once a sleepy Latin American capital, Panama City has become one of the world's hottest real estate markets. How long can the fever last?
By Eliza Barclay, Fortune Magazine
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Jim Buckley, a former U.S. Air Guard pilot, and his wife Imogene on the terrace of their condo in an Empresas Bern building. They are one of many retired American couples who bought into the Panama real estate boom.