The market for luxury housing in Chile seems to be immune to the global crisis since there are families willing to disburse up to six million dollars to purchase the house or condo of their dream according to a report in Santiago’s El Mercurio.
Uruguay is the best place to live in Latin America according to the Legatum Institute fourth year index on quality of life conditions which ranks 110 countries world wide representing 90% of world population and 97% of the global economy.
Cubans will be able to buy and sell houses for the first time in more than five decades in a long-awaited reform that legalizes what many have done for years but also restricts how much property they can own, state-run press said on Thursday.
The US housing market regulator has agreed to extend a refinancing scheme for borrowers whose loans are worth more than their homes.
More than then thousand people marched in the Chilean capital Santiago in support of the indigenous Mapuche people. The protest marked the 519th anniversary of Christopher Columbus's arrival in the Americas, the start of the Spanish conquest.
Roubini Global Economics, the global investment research firm co-founded by doom and gloom economist Nouriel Roubini, is reportedly for sale, according to a report from CNBC.
Uruguay announced it will invest 150 million dollars for the eradication of shanty towns, 90% of which are located in Montevideo, half of them in contaminated and flood-prone areas.
The Brazilian cities of Sao Paulo (19) and Rio do Janeiro (26), together with the Venezuelan capital Caracas (47) and Bogotá (57) Colombia, figure among the most expensive cities in Latin America, according to a bi-annual rating from the Swiss bank, UBS.
The Falkland Islands Government has announced support for a new phase of work, which should help to alleviate the housing shortage in Stanley. Lack of home ownership, especially for those on lower incomes has been a problem in the capital for many years.
Untied States billionaire Donald Trump marked his entry into Latin American real estate Wednesday with the opening in the capital of Panama of his 70-story luxury resort, the tallest building in Latin America.