The Rental Market in Argentina: An Assessment Study
Dec 2012
This study analyzes the current situation of the rental market of Argentina. It is characterized by a growing percentage of households demanding houses for renting up to the point that, for first time in more than 50 years, the ownership rate dropped between population censuses. Tenants are middle and upper income families, as the poorest have increasingly owned and/or occupied substandard housing, sometimes without title. The lack of a mortgage market after 2001 explains the surge of the rental market. Given the increase in rents, some groups were more adversely affected. Other features affecting the supply and demand in this market are also analyzed.