Thread: Uruguay Politics
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03-24-13 04:20 #3
Posts: 2470Not new and not an idiot
Originally Posted by Frankandstein [View Original Post]
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03-23-13 22:24 #2
Posts: 28Re: Montevideo and Punte del Este
Montevideo is a poor imitation of BsAs. Government and economy is more stable, and probably will still be (hard to be worse than Argentina) but the new president is a socialist and things could go rapidly downhill.
Punte del este is wildly over rated, and is a ghost town except for 8 weeks a year. It literally gets boarded up after that.
Jose Ignacio is a great summer vacation spot, but again, 8 weeks a year only.
BsAs is year round. If not for the idiot governments here, real estate prices would be 4 to 5 times what they are now. If it was not risky to invest here, prices would be 4 times higher, IMHO.
The idiotic policies of "cretina" will keep making this a great place for foreignors with USD. But it ain't for the faint of heart. I wouldn't invest my life savings here, but a little 2 bdrm apt is a great deal right now.
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01-01-00 01:00 #1
Posts: 2556
Venues: 398Uruguay Politics
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