Real estate: why prices are rising and what is the impact of money laundering

s price property They are rising again, and there are several reasons to explain this trend. On the one hand, the appearance Mortgage credit may become a driving force for the industry, and is expected to Money Laundering This has a significant impact on the number of contracts to be negotiated.

In this context, the team E Channel Communicated with Daniel ZampenThe vice president of the Argentine Real Estate Chamber (CIA) spoke of the rise in prices in the sector.

Real estate: reasons for rising prices

“I told you earlier this year that real estate has a buy or sell moment”Zampone said, and then he added: “Property prices have fallen 35 or 40 percent since 2018, and now we’re seeing CABA having its best month since then.”.

“Rents from DNU are starting to improve strongly, while buying and selling are gaining favor as bricks start to recover,” said the respondent. Mortgage credit”.

The Vice President of the Central Intelligence Agency stated, “When credit is present, demand increases; s price property”.

The impact of money laundering on real estate

“The money laundering is just beginning and the governor of the National Bank is providing credit to good businesses,” the expert said. “We are starting to move towards whitewashing.”but it seems great for the housing market,” he added.

Finally, Zampone said it would revive the real estate market and create a large number of jobs. “You have to get your first home through credit“, he concluded.