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Se Vende: Chile for Sale

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Well, folks, my canyoneering trip didn't cure my fear of heights, nor my fear of deep water... But it was certainly an experience. For one thing, our bus broke down on the way to the Vincente Perez Rosales National Park. That wasn't a good sign, but once we got to our destination - a couple hours later than expected, mind you - things were looking up. But then we had to hike for about a half hour, up hill, in a wetsuit. I'd though I'd left hiking behind in Pucon, but that was not to be... It was well worth it, though. The cool waters were quite refreshing, though the thought of sliding down a three-meter waterfall didn't sit well with me. And my impressions didn't improve as we went along. It's okay, you can call me a chicken. I am... And I tried to let my mind wander to other things besides white water and rapid currents. Like all the "Se Vende" signs we saw on the way to the canyons. "Se Vende" means "For Sale." Massive amounts of farmland are up for grabs just an hour south east of the fun touristy town of Puerto Varas. You can pick up a parcel of land for between $1,500 and $4,300 an acre. Then you can buy a pre-assembled home for a cool $12,200. That'll only get you about 380 square meters, but it's a start, and boy is that land beautiful. We're talking farms of all types, from crops like beans and wheat to pasture to feed sheep, cattle, or pen horses. Chile has it all, and you can have it for pennies on the dollar for what a U.S. property would cost. That said, this part of Chile has a long way to go to catch up to the likes of Santiago... A dominant feature of the areas I passed through on the way to the canyon was the auto mechanic. We could have used one ten minute out of town when our bus burned through a belt. But that's indicitative of a need that's not quite being filled right now. Folks drive beat-up old cars that have probably been refurbished seven ways from Sunday. And while there are some major construction projects in the major areas, like Puerto Varas and Puerto Montt, everyday residences can consist of nothing more than a tin roof and plywood siding. It's quite an interesting contrast, and on that shows just how much more Chile has to do, even though it's the top economy in the region. But that also shows how much potential growth some investment areas have. Take the construction and materials sector. The lakes district is home to some of the most prized wooded areas in the country, and some companies are taking full advantage of them. I've singled out one company that had a number of acres in and around this area, and I'm planning on including it in my report once I get back to the states. This is my last night in Chile, as tomorrow morning, I head to Bariloche, Argentina. That's where I'll next speak to you.
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