Real Estate News Blog March Archive

Investing in Argentina: The Dollar Still Goes a Long Way

By Art C Ryter at 03/07/07 13:28

Argues that Argentina is a great buy dollar for dollar, particularly in land and residential real estate. American and Europeans see value in Argentine real estate due to its relative cost and the fact that it is a cash market which usually hinders speculation. The increasing prices market for commodities that are energy convertible, corn, soy, sugar, and rising demand for meat in China also increasing demand for grains. Anyone want to be a farmer or rancher? Argentina’s real estate property market may be your ticket.

Original source: Daily Reckoning. Investing in Argentina: The Dollar Still Goes a Long Way

Corn Farms Replace New York Lofts as Hottest Property (Update1)

The rising demand in corn futures for ethanol production is leading a surge in farmland prices from Iowa to Argentina. Farmland in Uruguay, Argentina, and Australia is inexpensive relative to prices in other more developed markets. Increases in property values in the U.S. increased by 11% whereas in Argentina the gain was over 27%. As fuels and energy consumption diversifies into renewable sources, farmland makes good real estate investment sense.

Original source: Bloomberg News. Corn Farms Replace New York Lofts as Hottest Property (Update1)