I'm impressed with reading that the real estate is already guaranteed to fall 40%..... hahaha...... Argentina is so BoBo I cannot describe!!!! It's so obvious that the real estate sector have decided to bring out this statement to get the real estate market moving after many bad months/years!!!! They want to persuade the sellers to lower their prices so that buyers suddenly stand line to buy!!!! You are seriously ignorant if you believe that things happen like that! Yes there is room for prices to fall, but nobody know how much, when or how long time from now it will happen!!!! After many years I have learned how predictions turn out.....Dr doom, Roubini, was always a doomsday guy......I remember him predicting the disasters....that was when Dow Jones was by 5000 first time.....now it's by 20.000, after 2 or 3 financial crises, several terror attacks and and and.
I read in the other site a lot of expats already counting their coins to buy a million dollar property for a few bucks..... hilarious! All the predictions are tied to 2001/2002 when the dollar was pegged to the peso and then got floated and lost 75% in short time. That was the main reason for the huge drop in real estate prices. This is not the case today!
Still today real estate in a metropole like BA is cheap compared to most similar type of cities around the world!
Just find it hilarious that serious news media can post predictions like that.....just unserious! And obviously it's something that have been orchestrated by the real estate sector......!