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Argentina Scrapped Its Rent Controls. Now the Market Is Thriving

29 pointsby voisin8 months ago

6 comments

legitster8 months ago
It should be noted that the rent control laws in particular were pretty egregious. Mandatory 3 year terms. And inflation was so high that landlords had to set insane numbers to justify the contracts.<p>I suspect that what you saw was a lot of &quot;informal&quot; housing inventory that was being kept off-market was put on the market for the first time.<p>I wouldn&#x27;t expect this to be stable in the long run. This is a more efficient market now, and if it&#x27;s cheaper and easier to find housing in the city... that&#x27;s going to bring more people to the city.
MisterDizzy8 months ago
This should be a bigger story, but rent control is one of the higher classes&#x27; <i>compassionate-chic</i> opinions that are all the rage right now.
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ChrisArchitect8 months ago
[dupe]<p>Some more discussion earlier: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41659220">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41659220</a>
bell-cot8 months ago
2 days ago, 5 comments: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41636731">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=41636731</a>
darthrupert8 months ago
Milei is doing pretty great things in Argentina. Their present might not be great, but their future could be.
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liquidpele8 months ago
* says landlords
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