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Old May 14, 2008 | 12:29 pm
  #52  
USAFAN
 
Join Date: May 2000
Location: Naples, Florida
Posts: 7,419
Gaucho100K:

First of all THANK YOU! You are really well informed!
I believe, all is true what you write regarding the wire transfer!
Next, your information regarding real estate is very valuable. I was not aware, that all real estate transaction are done in US-$. However, I have never seen advertised RE prices in ARS, only US-$. So, people (from Argentina that is) who purchased property when 1 ARS was 1 US-$ had a nice windfall profit after 2001/2002; however, only when they sold, right?
Or did the rent (for an investment property) increase by factor 3? I know, it's far OT, and I really don't expect an answer on this, just curious....like a smart taxi driver in Buenos Aires who asked me about prices in the US: meat, bread, gas/diesel and cars ....

Thanks again^
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