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  1. garryl

    Fabled cafe La Biela likely to close permanently

    Yes, he was the one!
  2. garryl

    Fabled cafe La Biela likely to close permanently

    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.
  3. garryl

    Fabled cafe La Biela likely to close permanently

    HAHA
  4. garryl

    Fabled cafe La Biela likely to close permanently

    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...
  5. garryl

    Buying Real Estate in BA

    The hole in wall is worth 200k in Tokyo.
  6. garryl

    Moving back to BA from US and getting my retirement

    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. :)
  7. garryl

    Buying Real Estate in BA

    I guess so
  8. garryl

    Buying Real Estate in BA

    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.
  9. garryl

    Looking for a nice house for 1 month to get fresh air in the Quarantine

    looks like playboy mansion, nice ;)
  10. garryl

    Recoletos in Madrid

    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...
  11. garryl

    BA Real Estate market to take a dive before the end of the year.

    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...
  12. garryl

    BA Real Estate market to take a dive before the end of the year.

    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.
  13. garryl

    BA Real Estate market to take a dive before the end of the year.

    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.
  14. garryl

    BA Real Estate market to take a dive before the end of the year.

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

    BA Real Estate market to take a dive before the end of the year.

    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...
  16. garryl

    BA Real Estate market to take a dive before the end of the year.

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

    BA Real Estate market to take a dive before the end of the year.

    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.
  18. garryl

    BA Real Estate market to take a dive before the end of the year.

    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...
  19. garryl

    BA Real Estate market to take a dive before the end of the year.

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

    BA Real Estate market to take a dive before the end of the year.

    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.
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