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Market
Number of vacant properties in Buenos Aires by December 31, 2024
2
Resolution / Starting Odds
Less than 100,000 • 25%
100,000 - 149,999 • 25%
150,000 - 199,999 • 25%
200,000 or more • 25%
Official housing market reports from the Buenos Aires city government
Story
Argentina Scraps Rent Controls Under Milei, Sees 170% Supply Surge, 40% Rent Drop
Sep 24, 2024, 01:27 PM
Argentina has scrapped its strict rent-control laws, leading to a significant transformation in the rental market. Since the repeal last October by President Milei, Buenos Aires has seen a 170% increase in housing rental supply and a 40% decline in real rental prices when adjusted for inflation. The removal of rent controls, which were among the world's strictest, has resulted in more available rentals and eased rent growth to a three-year low. Many renters are now getting better deals, and the market is thriving. Previously, landlords preferred to keep apartments vacant or lease them as vacation rentals rather than comply with the controls, resulting in 200,000 empty properties in 2022, a 45% increase from 2018. This trend has now reversed, contributing to a booming rental market and cooling inflation.
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Similar markets
Less than 5,000 units • 33%
5,000 to 10,000 units • 34%
More than 10,000 units • 33%
Significant decrease • 25%
Moderate decrease • 25%
No change • 25%
Increase • 25%
Below 2% • 25%
2% to 3% • 25%
3% to 4% • 25%
Above 4% • 25%
Significant decrease in rent prices • 25%
Moderate decrease in rent prices • 25%
No change in rent prices • 25%
Increase in rent prices • 25%
Yes • 50%
No • 50%
Less than 1,000 • 25%
1,000 to 4,999 • 25%
5,000 to 9,999 • 25%
10,000 or more • 25%
Less than 25% • 33%
25% to 50% • 33%
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Below 230% • 25%
230% to 235% • 25%
235% to 240% • 25%
Above 240% • 25%
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60-80 • 25%
81-100 • 25%
More than 100 • 25%
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10-20% • 25%
Above 20% • 25%