Inflation

[Katser]

The inflation is insane!

I’m leaving and took a lot of time figuring out when to change my flights too etc. It costs me every time I want to change them.

I left myself exactly enough money for a bit of traveling and rent, basic food and an emergency.

Rent and food are all I have left if prices keep going the way they are.

I didn’t come here because it’s cheap but I did plan around that. I’ve mentioned it here before but there is a lot of misinformation around the internet. So if your considering coming here beware! The prices are very high.

Ireland is an expensive place to live but at the minute I can name at least 10 things that I could get in Ireland cheaper. That’s only happened in the past 2 months. And it’s getting worse more and more products in the supermarket are creeping up....

 

[PhilipDT]

45 peso jeans...Where? Maybe I'm looking in the wrong places. I live in a pretty average area (Chacarita) and haven't come across anything under 100 pesos (when looking in Once, I think). My boyfriend (who's Argentine but not a skinny size) hasn't found anything in his size under 200 pesos.

Avellaneda. I have a fairly irregular size for argentina so maybe that contributes to the low price.

I went to this very modest to say the least place today. 5 empanadas were 17.50 and a beer, non premium beer, was 17 pesos. This is for a hole in the wall place. 34.50. I walked home and didnt find one block with sidewalks not broken and garbage and dog poop everywhere. the people are dirty and prices are soaring.

Well you're doing it wrong. I'm not saying you didn't go to a hole in the wall place, but that seems pricy. The hole in the wall empanadaria that I ordered from today was $2/each and L of beer for 10. Thats 30% cheaper than the place you ate at. The name is pizza boy, i'll throw up the number and address tomorrow if anyone wants, delivery sin cargo and good inexpensive food.

 

[mini]

Which makes it a helluva long way from where I live....though if I was sure I was going to get quality produce I'm willing to make a bit of a trek.

Some times it's worth it!

 

[flippinkittin]

A few things that I see unbalanced with Broccli's criticism of this 'expensive' hole in the wall. 5 empanadas is quite a lot of food for one person. Also, most cheap restaurants make their money on drink sales, so you can save at least 10 pesos just by drinking beer you got at the supermarket for 3.50. I agree, Buenos Aires has gotten very expensive, and inflation is a huge issue here, but this is not something new or unexpected.

As for the cheap jeans, yes go to Once. You can get decent jeans from 30-60 pesos.

 

[oksanache]

<<<<Its a constant unpleasantness--Its Argentina.>>> - am just curious, why people who are so depressed to be here ARE here? If you think it is so unpleasant, why wouldn't you leave for where it is a constant pleasantness? Life is too short to hate it on daily basis..

 

[HoboZero]

Try this site. It measures the real inflation on the street. Put out by an independent economist trying (in vain) to achieve transparency.

http://www.inflacionverdadera.com/

 

[mini]

<<<<Its a constant unpleasantness--Its Argentina.>>> - am just curious, why people who are so depressed to be here ARE here? If you think it is so unpleasant, why wouldn't you leave for where it is a constant pleasantness? Life is too short to hate it on daily basis..

It's not always easy to just leave. I mean I personally would just leave if I hated it here as much as B&T does. But I haven't invested all my eggs in one basket & I don't have family keeping me here.

Some people, & I suspect B&T might be one of them, are here because of Argentine family such as spouse & children that don't want to leave or an ex-partner that won't let them take the kid out of the country.

This can be a huge problem. I knew a guy before we moved here who was stuck because he had kids and his ex wife certainly wasn't going to move to his home country. I get that, why would she?

I also think some people are depressed and they need some sort of help. This goes beyond the "I hate the =blank= here" type comments.

 

[pikto99]

.............................................

I can't figure out what is keeping the economy afloat. I hear people talk about wages which are shockingly low and housing costs which are shockingly high for the tiny space etc that you get. On a dollars per square foot basis, much of the city is as expensive as high cost areas in the U.S. - I have been brought in the know about 'guarantee' prices/foreigners versus hefty upfront payment prices.

Well, take a look who is on the benefit side of such equation.
Surely the situation should be in a tandem, shouldn’t it? As our square-headed Shnobel Prize winning “economists” are preaching to us: it should be going together to the same direction.
If there not enough demand – prices should be getting lower, right?

I think it’s pretty visible that whoever holds these titles of properties simply don’t give a rats ass for your country’s market condition. Most likely that Argentina is out of any economic “re-healing” consideration. Your budget is total artifact; all based on correlations to IMF injections or another “sharky” financial organization “help”.

They don’t need your country as happy as you may think of, bc a few “expats” who hides in Argentina, could live in total economic collapse with their “severance packages” snatched from the US TARP and some other “executive payment plan” crap.
Argentina fits into its spot within NWO now.

And I would agree with “mini” that it is pretty harsh to move around when you’ve got anchored. With family it’s almost impossible.
Secondly, ppl do their required “due diligence” before move this days, but sooner or later their place (whichever country) gets hacked by “global integration” specialists and there is only 3 things left to do: run away again, fight for good, or shot up and eat shit.

Plus do not forget human factor such as “blind love”. When you’ve got into something and it was your dream it’s very hard to drop it. So ppl will hang in there pretty tightly even in hardest condition.

 

[citygirl]

I have no idea what the post above this means

People I know are going out a lot less, shopping more carefully, foregoing "luxuries" like new clothes or putting off major purchases and in general, relying on family and friends a lot more.

There are those that are here as a result of family or reasons that don't allow them to leave so they're "stuck" here for lack of a better word. As for the rest, I would guess that many expats who came down here thinking it was "cheap and fun" will be packing their bags and moving on to their next destination or back home.

As to what's keeping the economy afloat - well stay tuned. I predict 2011 is going to be a very rough year here based on the data I look at. I don't have a crystal ball but the economic factors aren't good and 2011 would be right on schedule for the 10 year boom/bust cycle.

 

[va2ba]

I was living in Nunez and my girlfriend and I were paying more and more for food. It was even more expensive in Nunez with a lot of wealthy people there.

We have since moved about 30 minutes out of the city near Ezezia (her family is here) and the prices are muuuch better. I can buy a large Milanesa sandwich for 9 pesos. We bought 2 kilos of beef the other day for 20 pesos and the quality was better than what we ever got in Nunez. Our money is going much further out here than it was ever going in Capital.

But it's just a matter of time before the prices here go sky high as well.