How has the Crisis Affected Prices for Ecuador Real Estate?
By Domenick Buonamici
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Foreclosures, defaults, fire sales…
We all know the story of the housing market north of the border, but has the crisis had the same affect on real estate in Latin America?
An important question, indeed, for anyone staring out their frosty window with a sore throat dreaming of their big leap south.
After investigating the housing market in several Latin countries, the best answer I can give you is “it depends.”
I know what you’re thinking. “It depends.” What a nice, safe cop out.
But it’s true. Let me explain. It is a little more complicated down here...
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