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Real Estate Values

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Astic
7/4/2018 08:17 EST

Can anyone provide any information of the movement of real estate values in Venezuela during 2018 and this period of hyper-inflation? With a black market rate of 3,000,000 to the US dollar I see real estate values listed at say 500,000,000 Bs which would only be $167 which makes no sense. Is real estate there being sold only in foreign currencies? Any insight on the current market would be appreciated.

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