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You forgot a minor detail...."halt all public works" to reduce the deficit to prevent a YOY hyperinflation of 289% from ruining the country and a riesgo pais of 2500 from threatening to plummet the country into a sovereign debt crisis. That's the exact state of the economy Milei inherited from...

The population of Madrid (3.6M) has roughly the same population as CABA (3.48M) Per Bumeran the average salary in CABA per sector is $1.4M to $1.6M (excluding Mineria/Petroleo). CABA has 2,130, 1 bedroom apartments under ARS $600,000 available for rent per Zonaprop. That's less than 50%...

Howdy Ceteris, I apologize for the hostility. It gets the best of me sometimes. You are correct, Argentina has an affordability problem. However, are we certain France doesn't have an affordability problem as well? On the surface it may be puzzling that yogurt in both France and Argentina...

Did anybody look at the receipt? Honestly, I don't see anything particularly shocking. Most of this basket of goods here isn't even raw produce. We hear this all the time on this forum, "Europe is so much cheaper". Well let's put this trite statement to the test, here's a perfect scenario...

There's a lot of negreada down here where landlords want physical cash (ideally dollars) for their rent. They want to tax evade, plain and simple. You do not have to go along with it. Nevertheless, until you get a local bank account, paying rent will be a pain in the ass since all you have is...

The 2001 comparison is IMO a tired argument. There is no peg this time around and nobody, I mean nobody seems to recall that beyond dollar redemption values there was a limit of cash withdrawals in pesos and the vast majority of stores had no POSNET for card processing. This caused an artificial...

Personally, anyone who had some dollars stashed away probably now have none. Those who had a lot of dollars stashed away probably still have them (maybe less now). There are converging points in the commercial market that I think bear some analysis. 1) Mercado Libre is a rising consumer trend...

Let's not forget that domestic tourism was largely (another) captive market thanks to the Dolar Tarjeta rate. Travelers now can get dollars physically without CEPO limits. They have the option of using cash at the destination or using dollars in Argentina to repay credit card purchases to reduce...

It's an important detail for sure. Every time I had to fix my car in the US I requested 3 options from the mechanic, from cheap, mid-line, to performance parts. From there I could elect based on the labor required to access the part. The easier it was to access the part, the cheaper the part I...

Howdy Gemini, to be clear, you're asking what rates expats are paying to their respective inmobiliarias to manage their rental units? Have you sought out different inmobiliarias in your area to get competing quotes? I manage my rentals directly, so I can't answer you personally. But, maybe this...

There are 3 types of situations down here: 1) Owner keeps utilities in their name, they pay and you reimburse them with the rent. 2) Owner keeps utilities in their name, you pay the utility directly. 3) You put the utilities in your name, you pay the utility directly. You need to find out...

I call that the Kraft cheese effect. Sure you can make a grilled cheese sandwich with Gruyere but most kids that grew on Kraft Singles (which isn't even actual cheese), say it's not as delicious. In other words, your childhood foods tend to create a palate bias later on in life.

There are no 0 km cronos selling for $15M, those prices on ML are fake. It's a common way for dealerships to get leads on serious buyers using "accidental" blunders or using some fine print like "after trade-in". You'll notice most of the fake prices are by dealership "Auto Generali" with some...

Which is on it's face is absurd in my opinion. Exactly what part of the Argentine assembly line, from sourcing manufactured steel, plant assembly labor costs, dealership overhead, etc. is equivalent to the US? There should be no similarity at all between the two prices. Unless we are talking...

Regardless, the idea that the Estado feels the need to "limit" competition between a Ford vehicle manufactured in Michigan at averages factory wages of $20-26 an hour with a Fiat made in Argentina at average wages of maybe $10 an hour (2.4M monthly) shouldn't be a concern. The clear economical...

I think this depends greatly on the make/model and whether the vehicle was commercially imported in bulk by the manufacturer for country-wide market distribution or if it was just a one-off brought over by a private dealer for "exotic" cars which had to pay an 80% import tax at the docks. These...

"...the biggest issue is that sectors hurt by Milei's economic model generate more jobs and tax revenue than others, potentially undermining a fiscal surplus prized by the government." This is a very interesting statement and a subtle detail. Receiving dollars from (tax reduced) Agro sales or...

Milei doesn't want your savings like some ghoulish vampire wants your blood. Banks, by regulation, can only lend a certain percentage of their deposits on hand. By encouraging you to deposit your savings, banks can generate more loans. Loans that could help businesses turn over inventory, buy...

You are conflating two different markets. The blue rate is dictated by the INFORMAL market, it has nothing to do with the Forex. Look to the MEP/CCL for a FX market rate. The blue rate is dictated by Cuevas and "Financieros". To hoard is a verb. It means the continual accumulation of something...

We applied for both of our small children in 2024. I'm terrible about remembering dates, but I would say it took around 90 days for each tramite. We did pay a small fee to expedite the passport. I don't recall there being an expedite option for the DNI. Keep in mind the shipping time. Our son...