Rentals. The most controversial points of the law that the Senate could approve

antipodean

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An interesting article showing that tenants are already paying more as a result of this new law (not just the registration of contracts in front of AFIP, that part has the least to do with it, but the previous new provisions regarding adjustments, etc.)

Hypothetically speaking, if the current law was implemented 10 years ago instead of the average rental price being $43k it would be above $60k today. It notes that when the current law was implemented last year average rents jumped from $33k to $43k.
 

Ronnie Hotdogs

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Not sure think it’s only for long term. I signed mine for only 2 years because there is a clause that if you are a foreigner and will leave the country you can chose a shorter term.
 

antipodean

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Not sure think it’s only for long term. I signed mine for only 2 years because there is a clause that if you are a foreigner and will leave the country you can chose a shorter term.
Even with a new 3-year contract a tenant can (or at least should be able to..) terminate for convenience by giving notice at any point after the first six months of the contract. It is the landlord who has difficulty terminating earlier.

Have never seen a clause referring to being a foreigner specifically...? Is it classed as a "short-term rental" contract?
 

Ronnie Hotdogs

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Ok it’s just a clause in my contract that I expressly didn’t want a 3 year contract so both parties agreed to 2 years for the reason that I will leave Argentina after 2 years. Although that is not actually the case I have no idea how long I’ll be here.
Basically if you the tennant want less than 3 years you can sign for less than 3 years as long as both parties agree. It is not a short term rental.

The rest of the contract is in accordance with the nueva ley.
 

Redpossum

Registered

An interesting article showing that tenants are already paying more as a result of this new law (not just the registration of contracts in front of AFIP, that part has the least to do with it, but the previous new provisions regarding adjustments, etc.)

Hypothetically speaking, if the current law was implemented 10 years ago instead of the average rental price being $43k it would be above $60k today. It notes that when the current law was implemented last year average rents jumped from $33k to $43k.
I would politely question the logic of this. Rents would have gone up in any case, because everything always goes up in this country. With a 40-50% annual inflation rate, (actually wholesale prices went up 5.6% just in January), things are out of control. I just wish the blue would go up again so I could keep up with inflation.

But remember this article is in Infobae so everything is Cristina's fault, and everything is horrible because of "esos malditos peronchos". They are as biased anti-K as Pagina12 is pro-K, while the truth is almost certainly somewhere in-between. Or maybe out in left field. Because Argentina.
(shrug)
God, I love this country, and I have no idea why.
 

Alpinista

Registered
I would politely question the logic of this. Rents would have gone up in any case, because everything always goes up in this country. With a 40-50% annual inflation rate, (actually wholesale prices went up 5.6% just in January), things are out of control. I just wish the blue would go up again so I could keep up with inflation.

But remember this article is in Infobae so everything is Cristina's fault, and everything is horrible because of "esos malditos peronchos". They are as biased anti-K as Pagina12 is pro-K, while the truth is almost certainly somewhere in-between. Or maybe out in left field. Because Argentina.
(shrug)
God, I love this country, and I have no idea why.
I am not sure whether you understood the essence of the article. The inflation was factored out (at constant rates). (And remember: under Kristina there was no inflation!)
 

dilmah

Registered
can someone explain how monthly payments are calculated for long term rental contracts in Argentina?

In the US if you have 1-year contract then monthly payment is fixed for entirety of contract term.
Only when contract is up for renewal, only then price can be renegotiated.
And I didn't encounter more than 1 year contracts.

How does this work in Argentina?
 
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