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The Nexus
BUSINESSJul 8 · 07:56 UTCTHE RIO TIMESSofia Gabriela Martinez

Argentina Tries to Build a Mortgage Market From Almost Nothing

Argentina's Economy Minister Luis Caputo is pushing banks and brokers to create a real-estate fund to revive home lending, modeled after a real-estate investment trust (REIT). However, most Argentine home buyers still pay cash, and mortgage-backed sales have declined.

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