Search results

This is James Carville on Trump, the great campaign adviser. Joe and I saw him running outside La Biela, dressed like a homeless person wearing the shoes from a yard sale :) He probably gave bad advice and caused Macri to win the election.

HAHA

La Biela has great freshly made medialunas and chocolate mousse cake. The outdoor tables with locals and tourists can be nice and romantic. I am happy just to see the people who are sitting outside. The food is probably average and the price is probably not cheap. There are always a few old...

The hole in wall is worth 200k in Tokyo.

What a battle to move back to BA for retirement. Maybe it's better to keep the permanent house in US and rent in BA most of the time. When things go bad, just hit the road and run. :)

I guess so

Dead does not equal crashing. When market is crashing, everything sells at deep discount and it is moving. Dead can be: things are being asked at a higher price and nobody makes a move.

looks like playboy mansion, nice ;)

Do you know that there is a nice neighborhood in Madrid called Recoletos ? I know the portenors named Recoleta because the cemetery. But I wonder if the name of Recoleta was also inspired by Recoletos in Madrid. ( a nice area with 1m+ apartment). Many part of BA are named after the people or...

I think 60% is too much, I can not agree with that. 30% will be a lot in California, which is overpriced now. Other places will be down less. In 2008, bad part of the California has come down about 60%, this is the subprime loan area, many people bought houses with teaser rates. After...

Nice, what are your favorite cities in Europe ? I am looking at European cities, and the price has not come down a lot, but I like to watch it closely.

Today one real estate company came out and said on average, the price went down 20% and they recommend seller not to lower the price until seller sees the dollar. And 30 KM outside the great BsAs, peso is fine with real estate purchase.

I would kill for changing diapers when I am 65, definition of a successful man :)

Living in Argentina, you gotta have the determination to make lemonade out of lemons, and chicken salad out of chicken xxxx. But it's quite confusing with different taxes and rules, it took me a few months just to prep getting the approval to sell the apt, paying all the different taxes I owned...

Haha I am not rich. Lucky you, starting to collect SS checks while your kids are in college, congrats!

I will speculate on real estate when time is right. But I would be very careful with Argentina real estate, it's an impossible place in many ways.

If you get it 15% return, I would say it's better than real estate. Do you always get 15% ? Real estate can be a pain, but it has 2 good things, leverage and depreciate (only in US). If you bought in 2008/2009 in California, your rental return is about 10% and appreciation is 10% till now. A...

I think in Argentina, home owners with a mortgage is not even 1%.

I have Argentines friends who worked for a small company and now acquired by Sales Force, they just bought their big American houses and enjoy their time in Bay Area. I hope they do not get laid off before they got their green card.

Number of tourists in 2019: to Argentina 6m to Vietnam 18m to Thailand 35m to Greece 38m to Mexico 44m to China 62m (tourist only) to Italy 62m to France 80m