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Thread: Where/how to get dolar blue exchange rate?
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Old Jan 22, 2014 | 3:01 pm
  #77  
bakoboy
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Originally Posted by Gaucho100K
Real Estate in Argentina can certainly offer some very good opportunities right now and in the coming months. You do, however, have to make sure you know what you are doing, and there are various details that must be taken care of properly and with attention to detail. Also, remember that Real Estate is considered the ultimate reserve value in Argentina, so prices in what is pretty much a 100% equity market are not as flexible as you would expect in a market that is levered like in the US or Europe.
How will it be possible to play this market opportunity? I may be confused, but I thought higher-end real estate transactions were conducted in US dollars, in all cash transactions--no mortgages, loans, etc. Why would the value of the property drop because the ARG peso is dropping when the property is priced in US dollars, that (may) hold their value.

Please clarify.
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