1 in 4 renters forced to leave their home due to inability to pay rent

[Redpossum]

Desalojo económico: 1 de cada 4 inquilinos tuvo que dejar su vivienda por no poder pagar el alquiler | El acceso a la vivienda, cada vez más difícil

"Una crisis muy profunda y muy invisibilizada", explicó el titular de Inquilinos Agrupados, Gervasio Muñoz, en la 750.

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The usual Google Translate deal, banner is in Castellano and story will initially appear in that tongue, but wait a few seconds and it will change to English.

 

[LuckyLuke]

I have a property with rental units and there is a lot wrong with this article. Tenants deciding to move because they can't afford the rent is not eviction. In fact it's a protected right within the Ley de Alquileres that the tenant can terminate their lease at any time with proper notice, while "powerful" landlords don't have any equal right to terminate a lease early.

Milei's changes to the Ley de Alquileres allowed shorter contracts (2 years instead of 3) and more frequent adjustments (3 months instead of 6 months). It brought a lot of units back onto the market and reduced rents.

If the article is correct, these new abandoned units will flood the market and rents will go down in response. In Neuquen there is as huge shortage of rental units. Apartment towers are going up everywhere and average homeowners are scrambling to build their own apartments too. Rents are high, eventually people move away due to the high costs (reducing demand), or enough units come online that the market reaches an equilibrium (increasing supply). It's a natural market cycle.

 

[Redpossum]

I have a property with rental units and there is a lot wrong with this article. Tenants deciding to move because they can't afford the rent is not eviction. In fact it's a protected right within the Ley de Alquileres that the tenant can terminate their lease at any time with proper notice, while "powerful" landlords don't have any equal right to terminate a lease early.

Milei's changes to the Ley de Alquileres allowed shorter contracts (2 years instead of 3) and more frequent adjustments (3 months instead of 6 months). It brought a lot of units back onto the market and reduced rents.

If the article is correct, these new abandoned units will flood the market and rents will go down in response. In Neuquen there is as huge shortage of rental units. Apartment towers are going up everywhere and average homeowners are scrambling to build their own apartments too. Rents are high, eventually people move away due to the high costs (reducing demand), or enough units come online that the market reaches an equilibrium (increasing supply). It's a natural market cycle.

(roll eyes)
Spoken like a member of the property-owning landlord class.

It says right in the headline "economic eviction". In paragraph 3, Gervasio Muñoz, president of inquilinos agrupados is quoted as saying, "one in four tenants suffered economic eviction , which is how we put it, which has to do with not being able to continue paying the rent. It is not necessary for the courts to evict; rather, the logic of the market itself legally expels them ."

 

[LukeHomeslice]

Fake news. Nobody leaves their apartment in Argentina because they can't pay rent.

 

[LuckyLuke]

(roll eyes)
Spoken like a member of the property-owning landlord class.

It says right in the headline "economic eviction". In paragraph 3, Gervasio Muñoz, president of inquilinos agrupados is quoted as saying, "one in four tenants suffered economic eviction , which is how we put it, which has to do with not being able to continue paying the rent. It is not necessary for the courts to evict; rather, the logic of the market itself legally expels them ."

Oh boy...wait until you tune in at 5 to hear about the culinary eviction happening from people no longer going to overpriced restaurants...but wait there's more...stay tuned to find about the tourist evictions happening in Argentina of Americans no longer able to afford visiting Buenos Aires. I mean good god buddy how do you think commerce happens? It's a private agreement between two people. The renter doesn't have to accept the price and the apartment owner doesn't have to rent it at a price he doesn't like. If you prefer social housing, perhaps try the Netherlands, Austria, and Denmark (https://www.statista.com/statistics...s-share-of-housing-stock-worldwide-by-country)