I don't normally read this forum, but couldn't resist taking another peak today to see how this thread was developing.
I'm not sure the OP is even still here, but FWIW I think the real key here is understanding the diversity of goals and expectations of expats coming to BA. A lot of young (college age) people with little/no money came to BA a few years ago, and found they could live like kings on very little money. That seems to be where the [fallacious] positive reputation came from. Just two problems with that: (1) Their definition of "living like a king" was a college kid's definition, and (2) it's no longer true due to inflation.
CityGirl, you said it quite well on most points (i.e. if you seek a high end NYC like lifestyle, stay the hell away from BA). One place I have to disagree is your assertion that good food is available if you really want it. We looked pretty hard, and found the opposite to be true. I respectfully suggest you may have forgotten what NYC is really like. BA is a pathetic joke in contrast, on any reasonable culinary scale. Yes, there are a few "high-end" restaurants that considerably out-perform the standard of mediocrity that pervades the rest of the BA food scene, but on a world scale, even those higher-end establishments rate as pathetic at best.
We walked into "Tomo I" entirely by accident, and while I concede that the SERVICE was actually reasonably good (contrast with godawful every single other place we went in BA), the bread basket alone was so ridiculously bad that it warranted a walk-out. Of course we stayed, and were non-plussed by the mediocre food on offer. Imagine our shock when we later read that this was supposedly the best restaurant in town! In NYC it wouldn't last 6 months.
Yes, I admit that I'm a food snob - gourmet dining is very important to me, and I'm very fortunate to be able to afford to frequent Michellin-starred restaurants all over the world. But frankly, BA is a culinary black hole. On a gourmet scale, all the food there is just plain godawful, and that's being generous.
@SteveInBsAs, dude you crack me up and I quite enjoy your posts. I have to say, however, that I found your characterization of BA as "A Pseudo-European Shit Hole" to be unduly kind. I would have been far less generous had I felt inclined to offer a candid description.
Let's not forget the woefully corrupt government either - nobody has even mentioned today's nationalization of YPF yet! And can anyone explain what the hell is going on with the smug, condescending arrogance of the portenos? I mean seriously, the French are famously arrogant, but they also have the best food and wine in the world, are a cultural mecca, have what is arguably the most advanced art scene on the planet, and are home to some of the world's most beautiful women. But the Portenos are considerably MORE arrogant. What is the genesis of this attitude? So far as I can tell, BA leads the world in Tango dancing, and absolutely NOTHING else. WTF does a porteno have to even be PROUD of, never mind arrogant?
To the OP and the other guy from NYC seeking a high-end lifestyle, forget BA. If you want to be in S. America, Chile is about 10,000 times more attractive.
xPat