what's the deal with $USD in argentina?

[scarface]

I looked at the definition of the meaning of greedy and found the following

"Excessively desirous of acquiring or possessing, especially wishing to possess more than what one needs or deserves. ".

In order to determin whether the landlord is being greedy you would need to know all the costs and legal agreements surrounding the property being rented.

For instance, Does the landlord make an excessive profit ?, and also, does the landlord have expenses which they themselves have to pay in dollars, such as a mortgage or a higher landlord ?

Unless you have these facts you cant possibly say that the landlord is being greedy.

I never disagreed with your knowledge of Argentine law, but the word greedy is not relevant to whether they prefer to be paid in dollars or pesos.

This attempt to worm your way of a misguided criticism is more ludicrous than the original erroneous position.You have lost credibility.

 

[scarface]

No need to argue further. Problem solved.

The landlord is entitled to ask however much s/he wants in pesos, 20%, 30% more or whatever. No question about it. Moreover, as you imply, some may calculate this greater amount of pesos by converting the (void) dollar price term into pesos by using the unofficial (black) exchange rate. But for tourists, the ability to pay with plastic or in pesos will eliminate the need to travel with large amounts of cash, a laudatory result. For locals or longer term temp rentals this will obviate the need to acquire dollars illegally assuming they can be acquired at all.

 

[TheBlackHand]

Like I said. It's called adapting. Real Estate and Construction firms are already doing this when pricing properties for sale in Pesos. The short term rental market will do the same. No one is getting over anyone. The figures will be clearly spelled out in the contract in Pesos, either you agree and sign or you don't.

20% increase when paying in Pesos sounds right.

PROBLEM SOLVED.

The landlord is entitled to ask however much s/he wants in pesos, 20%, 30% more or whatever. No question about it. Moreover, as you imply, some may calculate this greater amount of pesos by converting the (void) dollar price term into pesos by using the unofficial (black) exchange rate. But for tourists, the ability to pay with plastic or in pesos will eliminate the need to travel with large amounts of cash, a laudatory result. For locals or longer term temp rentals this will obviate the need to acquire dollars illegally assuming they can be acquired at all.

 

[scarface]

Like I said. It's called adapting. Real Estate and Construction firms are already doing this when pricing properties for sale in Pesos. The short term rental market will do the same. No one is getting over anyone. The figures will be clearly spelled out in the contract in Pesos, either you agree and sign or you don't.

20% increase when paying in Pesos sounds right.

PROBLEM SOLVED.

The core issue of this thread was whether landlords could insist upon payment in dollars. They cannot. That means a lot to tourists as they don't have travel with lots of cash.
No one questions peso prices will adjust to take into account a black market, but that's a collateral issue.

 

[solerboy]

This attempt to worm your way of a misguided criticism is more ludicrous than the original erroneous position.You have lost credibility.

Im sorry, I understand that statement less than you appear to understand the meaning of the word greed.

 

[TheBlackHand]

A property owner can insist on whatever he wants. If the tenant signs the contract and then tries to sue the property owner that's his business. But the tenant is the one reneging on the agreement. Not the other way around.

Most property owners will continue to insist on dollars regardless. Others will simply do as I stated and charge them 20-25% more in Pesos and a larger damage deposit. Both are reasonable options.

The core issue of this thread was whether landlords could insist upon payment in dollars. They cannot. That means a lot to tourists as they don't have travel with lots of cash.
No one questions peso prices will adjust to take into account a black market, but that's a collateral issue.

 

[Bajo_cero2]

A property owner can insist on whatever he wants. If the tenant signs the contract and then tries to sue the property owner that's his business. But the tenant is the one reneging on the agreement. Not the other way around.

It makes no sense to sign a contract in dollars. I think that the debate was about what happend if you already have a contract in dollars and ups, now they are not available.

Real state renting has a special law with special rules. Whatever is against this law is considered not written, like the clause that says that you must pay in dollars.

The landlord who want to sign a contract like that is an problem that walks, so look for another.
I have rented short term and I know that many landlords sucks.

So, the best advice is sign a contract in pesos and try to rent a 2 years appartment unfurnished if you are living here instead of vacations.
Regards

 

[steveinbsas]

So, the best advice is sign a contract in pesos and try to rent a 2 years appartment unfurnished if you are living here instead of vacations.

As much as I appreciate your freely given advice about citizenship, renting a two year unfurnished apartment without a guarantee is not only almost impossible for most expats, it's also probably more expensive...given the cost of furnishing the apartment and the loss likely to be incured when selling the furnishings when fleeing the country.

I still believe that BA is a great place to visit and that some short term rentals offer decent bargains for the budget minded traveler.

 

[scarface]

A property owner can insist on whatever he wants. If the tenant signs the contract and then tries to sue the property owner that's his business. But the tenant is the one reneging on the agreement. Not the other way around.

Most property owners will continue to insist on dollars regardless. Others will simply do as I stated and charge them 20-25% more in Pesos and a larger damage deposit. Both are reasonable options.

It is impossible to reneg a void agreement...by definition. That's a legal certainty which seems to elude you. An unwary tourist who signs an agreement requiring payment in dollars is not renegging on the agreement when he tells the landlord to go pound sand while offering pesos at the official rate of exchange.
A property owner may not lawfully insist on what he wants if what he wants is payment in dollars. You can argue semantics, but most people would agree it is not a reasonable option to violate the law re rental property especially against unwary tourists who don't know better.

 

[scarface]

Im sorry, I understand that statement less than you appear to understand the meaning of the word greed.

Your inability to understand is quite apparent.