pericles said:
Thanks for your reply Mark and I know many people here that have a much better lifestyle than Europe and the USA . Propaganda presented as truth by the likes of Gouchobob is laughable.
Although I find your posts quite interesting, I just don't understand why you feel the need to put down Europe/US/Aus in order to make your point.
I have many relatives in Europe and Australia who have to work two jobs just to survive and they certainly do not have the holidays that Argentina is famous for . I believe that the USA has 2 weeks paid leave a year and 10 days public holidays while in Argentina its 4 weeks and 21 days public holidays .
I don't know where you get the idea the standard in Argentina is 4 weeks. It's not. Standard is 2 weeks holiday. When we left Europe my husband had 6 weeks of holiday. We were shocked to find him put back down to 2 weeks. Even though he has been with the same company, down here he is considered a new employee & they start a 2 weeks. Yes! It's supposed to be the SAME company. But not down here.
Also, are you telling me that in Europe you need two family earners but down here somehow everyone can get by with just one person working? I can't believe that.
People of the middle and upper middle classes in Buenos Aires are much less indebted than their US and european counterparts and have more real wealth than those citizens. Over 90 percent of all properties are paid for in cash the first in the world per capita . Many foreigners are absolutely shocked that this is so as they have this image of Argentina as a country where the people are desperate for dollars. I can assure you that the opposite is true in most cases.
Also, I'm not sure why you think there is no debt down here. People buy everything in quotas including groceries at the super market!
Oh, sorry. You are only talking about a specific section of the population. You are comparing "US/Europe/OZ" and "middle & upper classes in Buenos Aires".... that's a small part of the population vs whole continents.
In Europe the figure is less than 10 percent for ownership of Property outright meaning that many will lose their properties in the coming years with the downturn of the world economy.
"Europe" is a big place & what you say is just not true.
Switzerland is the only country in Europe that has such a low ownership rate & they don't seem to be doing so badly. Often the Swiss have mortgages (with rates of 2%-3%) on their main resident in Switzerland then own outright holiday homes, sometimes more than one.
In the UK ownership is about 65% and outright ownership is about 35%. That's only one country in Europe.
For many of us who call Buenos Aires home we find it offensive to be delegated as a third world city . Yes Buenos Aires has social problems and rising crime , It has dirt and grime and a bureaucracy that is frustrating but there is also many positives that make other large cities seem backward and boring.
I understand your point, but again, you can't keep putting down the rest of the world to make your case.
We moved down here on a local salary with local conditions. We have a perfectly nice life but I can guarantee you that down here get much less for our money than we did in Europe.
We have world class architecture, a vibrant culture that is alive 24 hours a day with a theatre district that is equal to any other as well as a thriving music scene . There are 24 hour coffee shops and clubs that have their doors open at 7am in the morning .We have Restaurants are on every corner and in my barrio there is over 700 alone serving mostly traditional fare but of late there has been a great improvement with Thai, Indian, Mexican , Peruvian restaurants opening their doors.
For those who wish to broaden their education Buenos Aires offers many free courses at the UBA or other courses at low cost . This is a city that has given many people a much better education than in other societies where costs are astronomical and non accessible to the lower classes.
Buenos Aires is for many myself included a beacon a hope in a troubled world.
The above is all true, but that doesn't negate the problems that exist & the fact that although the upper middle classes might not want to leave, the lower middle classes do, those of the former upper & middle classes do (& did) & the lower classes wish they could leave.