#realestate #investinrealestate #puertovallarta #mexicorealestate
What will happen with Puertos Vallarta’s real estate market because real estate markets in Canada and US are being affected by rising interest rates. Here is a better question to ask yourselves: is real estate in Puerto Vallarta cheap or expensive?
source
Prime went up again in Canada by 1/2 point. That is now seven times since March 2022. The Canadian dollar is too weak. It costs nearly $1.40 Canadian to buy one US dollar! So the $352,000.00 property in Puerto Vallarta would cost me $492,800.00.
Mexico is chinese owned