Prices in Patagonia have gone through the roof over the past 2-3 years. The best places in Patagonia are expensive (no matter which currency you do your math in), and will not go down anytime soon. There is simply far too much demand and hotel capacity cant keep up. Various new projects are under construction and plan, but its not only an investment issue but there are also environmental concerns and suitable spots to develop are getting scarce.
Not to start a food fight over this Chilean & Argentine thing... but please allow me to point out that Chileans are not at all ugly & undesireable in Mendoza. The locals (ie. the Mendocinos) are very much in love with them and its a very important part of the Mendoza economy. Nothing wrong with increasing economic exchange with our neighbour on the left side of the Andes.
Wine, of course, is another matter entirely....
