Argentina's Javier Milei Proves the Market, Not Government Regulations, Provides Affordable Housing
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In distorted Buenos Aires rental market, it's dollar vs. peso
Dollar-wielding foreigners living it up in Buenos Aires while locals scrape by; Argentina's sky-high inflation and weakening currency has yielded a schizophrenic rental market -- a bargain for some, a curse for others. But they earn in pesos -- a currency trading at 488 to the dollar on the black market, where most people do their trading.
Dollar-wielding foreigners living it up in Buenos Aires while locals scrape by; Argentina's sky-high inflation and weakening currency has yielded a
Renting in pesos and on a long-term basis is a titanic task in the capital, where temporary and dollar-denominated supply dominates the market.