Strong increase in rents: how much does it cost to rent in Mendoza?

The month of September starts with poses in electricity and gas services since the removal of subsidies for both services begins to take effect. For the tenants who started contracts in September, the increase in rentals will reach 64.67%. According to referents of the real estate sector, the profitability for the owners increased as a result of a drop in the value of the properties and the increase registered in rents.

The existing political and economic difficulties make it necessary to rethink the housing access strategy in Argentina, since fewer and fewer people can access real estate of a certain category. The problem today is not only about access to own housing but that there are many impediments to accessing a rental and the increases registered monthly make the situation even more difficult for tenants.

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