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We
offer South America real estate investment information for Argentina
real estate, Brazil real estate, Chili real estate, Peru
real estate, Columbia real estate, Ecuador real estate,
Guyana real estate, Uruguay real estate and Venezuela real estate.
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Type/Area
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South
America Real Estate
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Home
Argentina
South America
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South America natural resources include copper, iron ore, tin, and oil. The many resources in South America have become useful around the world, but they have failed to diversify their economies. This has lead to major highs and lows in the South American country economies.
Due to histories of high inflation in nearly all South American countries, interest rates and thus investment remain high and low, respectively. Interest rates are usually double that of the United States. For example, interest rates are about 22 % in Venezuela and 23 % in Suriname. The exception is Chile, which had a head start from 1973 under Augusto Pinochet.
In South America, the gap between the rich and the poor is tremendous. In Venezuela, Paraguay, Brazil, and many other South American countries, the richest 20 % may own over 60 % of the nation's wealth, while the poorest 20 % may own less than 5 %. This wide gap can be seen in many large South American cities where makeshift shacks and slums lie next to skyscrapers and upper-class luxury apartments.
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