Yes quite possibly, most of these outdated and absurd cliches, declaring "place X is the Y [admired venue] of Z" are hackneyed remnants of 19th Century marketing schemes or lazy journalism, in any event, the list is endless, e.g., "Saltillo, the Athens of México", "Oakland, CA, the Brooklyn of the Bay Area", "Cornwall, UK, The English Riviera ..."
Though I find the extreme noise levels, graffiti, broken sidewalks, and ubiquitous pet excrement tiresome, on the whole, I am fascinated with Buenos Aires, observing people in public places, the boisterous if sometimes intrusive, communal feeling of Latin culture, and if I had to stamp it with a corny one-liner, this riverine metropolis of decaying glamor, reminds me of a sprawling, mega-New Orleans, charming, run-down, with a bittersweet pathos, including, sadly, it seems -- similarly being among first group of great world cities predicted to go underwater as sea levels rise.
Moreover, even if I had the money to live in Paris, NYC or my ex-home town, San Francisco, I find their glory days of being havens for quirky creative, fun, subcultures, are long past, as they have come to resemble each other more and more: plastic, corporate playgrounds for the super-rich, the same collections of high end shops ... many of the fascinating one-of-a-kind boutiques I used to discover in Europe now have franchises in downtown San Francisco.
A couple of years ago, a columnist for writing in The Economist coined a great description for the emergent San Francisco, which is progressively being absorbed by Silicon Valley: "... A city in a bottle [like Monte Carlo, Monaco] ..."a safe, glamorous, theme park, streamlined, precious and frozen into its adorable, airtight container ...
At Bs. As. seems to offer a home which avoids the extremes of Caracas or Cairo or Cannes ... just one opinion ...