Trouble Ahead?

jb5 said:
Agree the devaluation starts after the election. Eventual 6 to 1 is the guess I've heard most often from people in finance.

How will such a devaluation affect the property prices? Demand?
 
Ctru...that is a good question about property demand and prices after the election.

My humble opinion is that the peso will devalue and therefore it will be more expensive for Argentines to buy dollars, perhaps alot more expensive. Prices will therefore cool down.

Property is now selling and prices are increasing and I think it is a good time to sell. Have a look at the soloduenos site, there are no fees for buyers or sellers, there is no need to use an expensive agent. When the buyer no longer needs to pay the 4% commission it becomes easier to sell.
 
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