I'd think $2000/mo would be a little light there, though I haven't been there in a long time.Argentina was super cheap after the government fell apart and the peso was devalued in 2001.

So if you have values go low because of this upset in the world their assets have just devalued along with everyone else's ..

I've raised rents or kept them up, but if you haven't you could devalue your property by hundreds of thousands of dollars keeping low rents. 

Housing is coined "The" hedge against inflation for a reason, and it's not because it devalues while everything else inflates. 

More inventory will soften demand, just as more buyers are being priced out of the market due to rising prices, rising interest rates, and a devalued dollar.

When the froth does come off, the devaluation impact on this side of the country will be less than that on the left coast or in the middle. 

My properties are located in the county and not the City which I feel are much more valuable since the City of Erie is experiencing major financial issues thus affecting landlords with excessive fees, inspections, taxs and the overall de-valueation of properties.

If the buyer misses payments or the property is devalued, all bets are off.

Why would a country want to DEvalue their currency you say?

Now, I keep imagining a 15 year old kid that had been saving his part-time work paychecks to buy a car, finally almost got there, and then the government dumped trillions into the economy devaluing his savings, and now that car has doubled in price.