Housing Prices are on the Rise

Saturday, 4 February 2012

If you're looking to rent or own a place in Peru you're in for a shock as prices are going through the roof. You'd think they'd learn from other people's mistakes: mainly the US. However, they haven't. Things are going well now for people as mortgages are easier to get and owners are charging high rents.

The bubble's going to burst though. Maybe not right away, but give it a couple years and it will. My advice: pay off your mortgage. Save the rent you're getting from your tenants if you're renting your place out. Things will get tough in a couple years and this is partly due to the fact that more and more places are being listed in dollars rather than soles.

Resources: Check out the Ultimate Peru List's recommended ebooks and The LA Jobs List's free list of schools in Peru.

0 comments:

Post a Comment

FTC Disclosure and Privacy Policy

The Federal Trade Commission (FTC) requires that I disclose any relationship that I may have with an advertiser, product manufacturer, product supplier or service provider, collectively referred to as a “Provider”. When you visit my site, please assume the following:

(1) I may make money if you click on any image or link that takes you to another site.

(2) If I review a third-party product or service that I have tried it is our opinion that I am expressing and I'm not influenced by the Provider. I may provide a link to the product or service, and if you purchase the product or service I may receive a commission from the Provider. If I review a product or service that is given to me for free, or at a discount not available to the general public, I will let you know.

(3) I may provide opinion about products and services that I have not personally tried. I may use the Provider’s advertising material, and/or the opinions of others who have tried the product or service to formulate our own opinion. I may provide a link to the product or service and if you purchase the product or service I may receive a commission from the Provider.

(4) I do not pay for customer testimonials. However, if you see a link in a customer testimonial please assume that I may make money if you click through the link and purchase something.

(5) Advertising banners, images and links that may provide more revenue to me may be placed in more visible locations on my site.

If you have any questions about this disclosure policy then please contact me via this Contact Form.

Third party vendors (Clickbank, Clixgalore, and Google) use cookies to serve ads based on a user's prior visits to this website.

Google's use of the DART cookie enables it and its partners to serve ads to your users based on their visit to your sites and/or other sites on the Internet. Users may opt out of the use of the DART cookie by visiting the advertising opt-out page or Network Advertising Initiative opt-out website

The Ultimate Peru List

Pages

Saturday, 4 February 2012