[QUOTE=Sidney]All because of bureaucratic problems. Finally, he gave up in disgust! In the future, expect more problems and a more confiscatory modus operandi! DO NOT BUY IN AR![/QUOTE]What about if someone just wanted to own a *home and not care about having it as an investment. Would you still buy?
Example: A young guy like me (40) has a few pennies but not many. He goes to south america all the time and leaves his apartment empty in NYC.
Maybe he gets the backing to purchase an apt in BA of up to roughly 100k. He can then be assured he owns a home. He lives in BA (half way to civilization) and takes month long trips to lima colombia or some other budget location. He rents out the apartment (maybe) when he is gone.
Is this guy (me!) losing anything in your humble opinion?
There has to be some benefit to owning even if it's in argentina. Right?