"palermo_couple" said:
Simple question steveinbsas:
Why not?
We did it.
If it comes another crash everything will become cheap again (at least for some time).
Argentina was an expensive Metropolitan City before the crash and it is becoming expensive again. The whole world does have inflation - some more some less some earlier some later.
If it becomes to expensive for someone and anybody couldn't afford it anymore he could always just move to the beach at Viña del Mar in Chile to live cheaper or to Asunción (Paraguay) to live on a budget ;-)
Anyway if anybody wants to move to Argentina because he wants or needs to live cheap he could/should simply move to cheaper countries.
What makes you think "everything will become cheap
again" if (when) there is another crash of the Argentine economy?
Things only became cheap in Argentina for foreigners with dollars and
euros after the peso was massively devalued in 2002, robbing many
Argentine citizens of their savings, as well as a great deal of their
future purchasing power. The middle class was instantaneously devastated, the ranks
of the impoverished swelled, and continue to grow daily. Yes, there
has been significant recovery in the following years, but the future remains uncertain.When comes the next "crash" prices won't necessarily decline unless
inflation has been so severe that the government issues a new currency,
and that won't necessarily increase individual purchasing power. By
that time, the poor may make more than their voices heard, and current
peaceful demonstrations might become a lot more physical, as they have
in the past. Constitutional "safeguards"
may not prevent "drastic" measures by those in power to deal with a
severe crisis in the future. The "whole world" does not always deal
with problems in this fashion, but too many counties have, and too many
continue to do so.
Obviously, you have recently arrived. It will be interesting to see what you think after you have lived here for a year or two. Were
you aware of the political and economic history of Argentina for the
past 35 years when you made the decision to come here...or the past
ten...or even the past two? In the past two years prices have
increased dramatically here on many goods and services, but wages and
salaries haven't kept pace. The exact consequences if this continues
are impossibly to predict. Of course I hope there is no violence,
initiated either by the civilian population or the government in response to the next crash, but anything is
possible.
