Argentine re-immigration

katti said:
As I said before, for an Argentine, it is almost impossible to get a loan to buy a house. Unless you pay 14% or more.
So I can imagine that most people who own one, don't have a mortgage. Those who don't have the cash, don't buy.
Click to expand...

Right. That's why it is so hard to find a bargain here. People set their prices in dollars and stick to them, no matter what the economy is doing. Without mortgages, and ignoring maintenance, they can sit on their homes indefinitely.
 
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