Housing market situation

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Re: Housing market situation

Post by admin » Thu Oct 10, 2019 7:37 am

i don't think there is a lack of water in the central regions; just a lack of investment in the infrastructure and management of the resources.

You got a relatively close ocean on one side, and a massive mountain range on the other. moving that water 100 km one way or the other, is hardly an unsolvable problem.

If there is a country that needs to worry, it is probably Argentina.

well drilling in chile is still a pretty expensive thing and is still done in a not very scientific way. Thus, all the hand dug wells. however, just the fact that surface water is so common, is a clue there is a lot more water deeper not being tapped.

Add to that all the convoluted water rights laws that encourage speculation or other inefficient uses of water.

but like a lot of things in chile, the government won't get off its rear to fix it untill whatever the crisis is becomes an embarrassing political crisis.
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Britkid
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Re: Housing market situation

Post by Britkid » Fri Oct 11, 2019 10:11 am

The wells are for individual use but this can vary by house. The house water supply we have is metered but goes to a large well inside the condominio rather than outside. The individual well for our garden is only for watering the grass.

As we rent, I don't look into the details that closely. No idea on registration.

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Re: Housing market situation

Post by admin » Tue Oct 15, 2019 9:11 am

here, some statistic regarding single owner / investors of buildings for rent:

https://www.latercera.com/pulso-trader/ ... os/861015/
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Britkid
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Re: Housing market situation

Post by Britkid » Tue Oct 15, 2019 5:14 pm

Admin, if I thought that southern Chile was going to do well, and wanted to invest in property there, but without actually buying a whole house, is that possible? Say I've only got US$5,000 that I'm willing to risk on this bet.

Is there a southern Chile investment property fund? They could buy a bunch of houses, and rent them out, and let people invest a small amount in the total fund, of the like that you might spend on stocks and shares. Does this exist?

Something you could invest it from a trusted vendor, without even having to go to the south. And so the fund would only go down if house prices in southern Chile went down.

I may have asked this before, but I don't think I ever found any way to do this.

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