You are talking about Macri's loans for buying houses....and you might be right

. Critics assert that this promoted the real state bubble.
http://www.bancociud...rimera-casa-b-a
Plan Procrear is for Argentines with medium to low income. It is for building houses, not for buying houses already built.
http://procrear.anse...ar/construccion
http://www.diariouno...30726-0003.html
The credits are assign by the lottery.
The loan market failed, that[s why the government replace the banks on that issue.
This was the original post. You tried to tell me there was lots of opportunitiesn for houseing credit yet now you agree with me and say "dah this is Argentina of course there isnt".
No sh*t Sherlock and thats my exact point. Its due to inflation and crappy financial markets that there isn't.
But, the government doesnt really have any interest in lowering inflation because to do that they would need to stop vote buying. Instead, they play politics with it and blame the business owners/companies for raising prices and then make a big song and dance about price freezes and Moreno comes down wielding his big stick. First, it was on allegedly on all products. Then, it was on 500. It never worked and never will.
Hows the Cedin going? Another success of the model.
Geez bring on another decade won, pretty please.
The problem is, is that people such as yourself are content with the reality. You adopt the attitude that hey, its better than Menem, its better than a dictatorship so it must be pretty dam good. What you should be doing, is holding your government to a high account. Expecting better.
Argentina has a highly education population, an innovative population and a shitload of natural resources (plus everything else for tourism).
Doesn't it piss you off to see countries like Chile (which lets face it, really only has copper) moving towards first world, its middle class buying houses, cars and travelling while the Argentine middle class still lives at home with Mum and Dad and so luckily might be able to afford the odd trip to Mar Del Plata or Miami but from their own accord will never be able to afford a house. To me, its a real shame.