Here in Uruguay, I'd buy 2 or 3 houses, which would give a return of about U$ 1000/month. That's U$ 12k/year right there (and rent is inflation adjusted here).

Here in Uruguay, I'd buy 2 or 3 houses, which would give a return of about U$ 1000/month. That's U$ 12k/year right there (and rent is inflation adjusted here). Yes, we do have a housing boom here, why do you ask :) - it's far cheaper to own than to rent, but most people don't have the capital - I rent, as I make U$ 13k/year