Uruguay’s booming construction industry anticipates a tough year ahead

Wednesday, May 22nd 2013 - 18:14 UTC

Full article 8 comments

The investment in the construction industry in Uruguay soared 26.45% last year over 2011 and reached seven billion dollars, of which 40% correspond to the Brazilian-Chilean pulp mill, Montes del Plata, the country’s largest investment in years equivalent to 2 billion dollars. However there are storm clouds ahead. Read full article

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ChrisR
So don't build on spec!

The number of new blocks of luxury flats under construction on the coast at Punta Del Este seems to have exceeded the bounds of reason.

As for poor productivity you only have to look at all the ‘workers’ lounging around the sites when you drive past OR the official strikes that seem to pop-up every month to understand where the problems lie.

My Escribana, whose family own an Immobileria (estate agents) told me of some of the prices that are being asked. A minimum of ONE MILLION DOLLARS for what is best described a s a ‘nice’ apartment, but nothing special. Seems overblown from reality to me.
May 22nd, 2013 - 06:48 pm - Link - Report abuse 0
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Think
Inmobiliaria turnip......I N M O B I L I A R I A
May 22nd, 2013 - 06:59 pm - Link - Report abuse 0
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Troy Tempest
@2thinkedover

Is that all you can find to comment on??

Looks like the expected Argentine buyers ain't gonna 'turnip'

Pun intended!

:-D
May 22nd, 2013 - 07:03 pm - Link - Report abuse 0
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Think
Two years living in Uruguay and Turnip at (1) can't even spell one (1) Spanish word correctly.......
To make things worse; Turnip at (1) makes three (3) spelling mistakes in that one (1) word!

What a Turnip.....
May 22nd, 2013 - 07:27 pm - Link - Report abuse 0
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Troy Tempest
@4 Thinkedover

You're nit picking, now.

You must be trying hard to fill your quota.
May 22nd, 2013 - 07:43 pm - Link - Report abuse 0
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Think
TWIMC
Anglo Turnip at (1) is a perfect specimen of an.............. Anglo Turnip.

Expert in many things...... exceling, of course, in his knowledge of South American historical, economical and social affairs ......

But..... after two years of residence in South America he can't even spell one (1) Spanish word correcty......

What a Turnip.......
May 22nd, 2013 - 07:55 pm - Link - Report abuse 0
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Troy Tempest
Thinkedover

No Chorizo for you.
May 22nd, 2013 - 08:36 pm - Link - Report abuse 0
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ChrisR
@2, 4, 6 out of 7! The Carrot in Chief, aka The Biggest Liar on MP, aka I Don't Think!

Oh dear! Touched a nerve have I?

Is that the best you can do regarding the serious situation in Uruguay and the construction industry?

If I was you, and as an atheist thank 'whatever' I am not, I would ‘think’ my attempt to belittle a ‘Turnip’ has failed spectacularly.

Been on the meths have we?

For once, words fail me. Oh no they don’t, I have thought of one: cabrón! And I do believe it is correctly spelt and it works on so many levels, all appropriate to you.

Ha, ha, to the power googol (bet you don’t know what that is even though it is correctly spelt as well!).

Carrot.
May 22nd, 2013 - 09:27 pm - Link - Report abuse 0
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