Actually, if you believe the Mercer data, add two years of 30% inflation in Buenos Aires, you arrive at New York city prices. I doubt this will happen as something is going to have to give there. If the cost of living there continues to increase at it current rate there will be blood in the streets. Just imagine trying to live in NYC on what the average Argentine makes."soulskier" said:CityGirl, It will be a long time before BA reaches prices of Paris, New York, and London!
All this tells me whats going on in Argentina economically today is unstainable. The government is going to really have to roll-back spending significantly or suffer the consequences of staying the road they are on. Someone described current government policy as staying the course directly down the drain.