Apartment Rental shortage..!

[Rich One]

As the number of foreign tourists in Argentina climbs to the Pre Pandemic figures, the Airbnb and Temporary Rentals increase every day and quoted in US$ . Add to this the Russian immigrant rental demand .Therefore finding a 3 year rental in pesos is something extremely difficult to accomplish. It will get even worse . Most Expats rent, a few are owners.
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So the fun will be over ? next the bife de chorizo will be out of reach ? Milanesa will be the thing.

 

[HectorH]

It's not extremely difficult to accomplish, there are hundreds of apartments available on the sites used by locals. Buenos Aires has a ridiculous rate of housing supply to sq/km.

 

[Bajo_cero2]

It's not extremely difficult to accomplish, there are hundreds of apartments available on the sites used by locals. Buenos Aires has a ridiculous rate of housing supply to sq/km.

300.000 empty appartments in fact. For this reason is better to buy.

 

[Rich One]

It's not extremely difficult to accomplish, there are hundreds of apartments available on the sites used by locals. Buenos Aires has a ridiculous rate of housing supply to sq/km.

Well, I use Zonaprop and ArgenProp and soloduenos, can you please name those sites that have hundreds of apartment rentals available? would be very helpful. In the previous mentioned sites many of the rentals are in US$ and only temporary in CABA . A 3 year contract in pesos..? hard to find.
Thanks for your comments and help.

 

[A decade in BA]

Well, I use Zonaprop and ArgenProp and soloduenos, can you please name those sites that have hundreds of apartment rentals available? would be very helpful. In the previous mentioned sites many of the rentals are in US$ and only temporary in CABA . A 3 year contract in pesos..? hard to find.
Thanks for your comments and help.

A 3 year contract in pesos, if you don't have a Garantia Capital Federal, meaning a guarantee or collateral or friends who earn good legal salaries and can vouch for you, it'll be very difficult. Owners distrust, a lot, nowadays.

 

[Rich One]

Facebook groups

Thanks for the suggestion , we do use several Facebook Groups dealing with apt. Rentals.

 

[earlyretirement]

Can you guys name some of these Facebook groups?

 

[Che1990]

The 3 year rentals are practically impossible as there are barely any.

The law makes it unfavourable for owners and so they take the properties off the market. They can only increase once per year, and with uncertainty and high inflation, they end up loosing out.

The problem is now most owners will prefer temporary rents as gives them more flexibility and income in USD.

Why would they ever go back to longer term leases, in pesos with no flexibility.

The solution would be to regulate the temporary mark and ban charging dolars, but would they do that?

 

[steveinbsas]

It's not extremely difficult to accomplish, there are hundreds of apartments available on the sites used by locals. Buenos Aires has a ridiculous rate of housing supply to sq/km.

Could you please explain how an expat in Buenos Aires (even if they have local or foreign income and a DNI) can acomplish renting an unfurnished apartment for three years like a "local" (without extreme diffculty), considering (if my informatio is up to date) that they would need to have a local to either "sign on" to a guarantia purchased from a financial institution or have someone else0" pledgie" a property they own as collateral? That is something that is highly unlikely to happen outside of close family members and rarely happens between friends..

 

[A decade in BA]

Could you please explain how an expat in Buenos Aires (even if they have local or foreign income and a DNI) can acomplish renting an unfurnished apartment for three years like a "local" (without extreme diffculty), considering (if my informatio is up to date) that they would need to have a local to either "sign on" to a guarantia purchased from a financial institution or have someone else0" pledgie" a property they own as collateral? That is something that is highly unlikely to happen outside of close family members and rarely happens between friends..

Even Argentines can't find these collaterals. Because one would need to have a friend or 2 earning, all in all, like 400k pesos legally, 'en blanco'. Good luck with that.

And if you somehow have rich friends, you're quite certainly not yourself poor and looking for a flat, here in Argentina. Catch 22.