Rent in Argentina is crazy low in proportion to property pricing. As rent grows 20% year over year on contract, and inflation is higher, rent is lagging behind. I remember my absolute dollar value rent going down from 400U$S to 350U$S, in a 1 br 82m2-next to subway-first occupant appt.
Inflation really does a number on the economy.
And Im glad meal vouchers dissapeared in argentina, we had all sorts of them 8 years ago.
Regarding property prices in Uruguay, don't you have a reliable mortgage industry? Ours is ridiculously small, and inflation makes it risky and unreliable for both lenders and borrowers.
Rent in Argentina is crazy low in proportion to property pricing. As rent grows 20% year over year on contract, and inflation is higher, rent is lagging behind. I remember my absolute dollar value rent going down from 400U$S to 350U$S, in a 1 br 82m2-next to subway-first occupant appt.
Inflation really does a number on the economy.
And Im glad meal vouchers dissapeared in argentina, we had all sorts of them 8 years ago.
Regarding property prices in Uruguay, don't you have a reliable mortgage industry? Ours is ridiculously small, and inflation makes it risky and unreliable for both lenders and borrowers.