Prime farmland in Argentina costs almost as much as in United States

Thursday, October 21st 2010 - 08:37 UTC

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Prices for the best farmland in Argentina’s breadbasket, the humid Pampa have risen on average 10% this year according to registered operations reports. This means the hectare of prime agriculture land in Argentina now costs almost the same as the average price of farmland in the state of Illinois, 14.000 US dollars. Read full article

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fredbdc
I wonder if the land prices are getting so high because it is hard for Argentinians to get cash out of the country and they're too afraid to put it into the banks? Does anyone see 90s repeating themselves here? Didn't $/sqft get as high as NYC in BA then too? Gee what happened then? Do they know their recent economic history at all? I guess not.
Oct 23rd, 2010 - 11:38 am - Link - Report abuse 0
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xbarilox
@ fredbdbc- I fail to see the 90s repeating themselves in my country. Just for the record, the 90s were one of the best decades for many many many people in Argentina. Don't worry.

P.S.: How is Mexico today? Is it sunny or cloudy?
Oct 23rd, 2010 - 04:10 pm - Link - Report abuse 0
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fredbdc
xbox, if you don't see it it is to your peril not mine. What about before menem's dollarizion, how was it going then? 1989 a glory year or was it a gory year? Was that the highest recorded inflation in history or just in the top 5?

Isn't it always sunny in Mexico? Ask Think if I am from Mexico he has cyber stalked me many times.
Oct 23rd, 2010 - 04:52 pm - Link - Report abuse 0
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Pheel
The question is not where Fred is from, but which is his biz here. As we can see, playing to be Argentina enemy in any inch of opportunity and reason.
A bit sad role (unless it´s profitable)
Oct 26th, 2010 - 11:11 am - Link - Report abuse 0
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