Posted by Daniel H on February 14, 2016, 9:52 am, in reply to "Re: rentals in US $"
189.164.106.40
Larry said
"But more Americans will come because they are getting 20-1 on the peso".
True but they are not getting 20-1 on the cost of the rental itself when it
is priced in USD.
Pricing in Pesos seems the way to go on rentals but I wounder the ramifications
of making that change on real estate (for example). Perhaps that is another topic?
Pricing in pesos makes exports cheaper and it is one reason so many
manufactures are coming to Mexico (1) (Sad that the wages for Mexican's
are so stagnant (2)) It is why Mexico is becoming Inflation proof (3).
1 - http://www.britishbusiness.mx/mexicos-manufacturing-sector-continues-to-grow-forbes/
2 - http://elpasoheraldpost.com/protests-support-grow-for-fired-lexmark-workers-in-juarez/
3 - http://www.bloomberg.com/news/articles/2015-11-24/go-ahead-sell-the-peso-mexico-doesn-t-care-what-you-do-anymore
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