lakeside7 Posted December 12, 2014 Report Share Posted December 12, 2014 Makes it hard now to sell a home in Mexico, priced in US$ to anyone who is not American with US$ to buy. Those houses priced in US$ for every one else is going up in price by the day. Same applies to rents. Not only Mexicans but Canadians at a disadvantage, and folks from the USA still can not sell homes, so I guess another slow selling season at Lakeside ugh Link to comment Share on other sites More sharing options...
jguerin Posted December 12, 2014 Report Share Posted December 12, 2014 I am still surprised after being here many years to see the prices in US. We are in Mex. what is wrong with advertising and paying in Pesos. In Canada or US, they always ask for the money of the country. When the Mex. go to work in the US. the rent or pay check is in US. money. There is no law about that? Just curious. Link to comment Share on other sites More sharing options...
Fred Habacht Posted December 12, 2014 Report Share Posted December 12, 2014 In Southern Texas you can pay in Pesos...not at the best exchange rate but they do offer the option. Link to comment Share on other sites More sharing options...
Xcalaker Posted December 12, 2014 Report Share Posted December 12, 2014 Breaking News:U.S. consumer sentiment at eight-year high 14.75MXN:1USD Oil <$60 I am not sure what to make of all of this. Short stocks? Buy pesos? Buy oil futures? Put my cash under the mattress? Any thoughts out there? Mark Link to comment Share on other sites More sharing options...
pappysmarket Posted December 12, 2014 Report Share Posted December 12, 2014 When you cross South Texas into Mexico at Progresso all the prices are in dollars. For everything and at all the stores. I was there a few years ago and bought something and handed the clerk a 500 peso note and he said no way, we don't use pesos here! Link to comment Share on other sites More sharing options...
Hud Posted December 14, 2014 Report Share Posted December 14, 2014 I've not found that to be true and I have lived in Southern Texas. Maybe McDonalds or taco joints along the Border, nothing else. The USD is the currency in the USA. Link to comment Share on other sites More sharing options...
Rony Posted December 14, 2014 Report Share Posted December 14, 2014 When a local apartment or house for rent is advertised in dollars, do they expect Mexican nationals to convert their pesos to dollars if THEY want to rent one of these homes? Is that a form of discrimination? I wanted to pay the listed price of an apartment, (it was listed in pesos and dollars) but when I went to sign the rental contract, and to pay the rent in pesos, the rent amount was then raised to meet the current US dollar exchange rate. I do not believe that is legal. The owner of the rental is a Mexican national. I decided NOT to rent the apartment. excellent question Link to comment Share on other sites More sharing options...
michigander Posted December 14, 2014 Report Share Posted December 14, 2014 The contract is between the signatories. The rent could be in Chickens, but I do not know how the Landlord would calculate the tax. But there is always a way to determine value. If someone wants to limit the available pool of renters by demanding a certain currency, I suppose it is there business. Link to comment Share on other sites More sharing options...
pappysmarket Posted December 14, 2014 Report Share Posted December 14, 2014 I've not found that to be true and I have lived in Southern Texas. Maybe McDonalds or taco joints along the Border, nothing else. The USD is the currency in the USA. As I said, Progresso and I have no other towns that I am ascribing that to. There is no McDonald's or Taco Bell there, but many pharmacies, dentists, liquor stores and several very good local restaurants. Everything was priced in USD. Link to comment Share on other sites More sharing options...
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