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Capital Controls, Sky-High Rates Crush Argentine Housing Market

  • Housing market already buckling under world’s highest rates
  • Properties priced in dollars but mortgages offered in pesos

Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes.

Ezequiel Amaro was about to buy the house of his dreams in the suburbs of Buenos Aires when the latest currency crisis cancelled his plans.