02/20/2020 - 13:30
- Clarín.com
- Economy
- Economy
The Minister of Housing and Habitat responded to the complaints of people with the credits of Units of Acquisition Value (UVA), affected by inflation and devaluations of the peso that impacted on a sharp rise in quotas.
María Eugenia Bielsa explained that the current proposal is not to use "the arguments of the macrismo" and that the claim of the mortgaged ones must wait because "it is not the moment to be able to assume it and that in some way according to the whole group" .
In January, the Government announced a new plan to assist the borrowers of mortgage loans UVA, after the freezing of the installments that were arranged in September 2019, which seeks to establish a "compensation to cushion the increase that should face in February the installments of mortgage debtors. "
" This is the solution that we could find in this very short period, it is what we understand that it may be just at a time that drags other macroeconomic issues," he said in dialogue with FM Futurock.
The mechanism seeks to avoid the 26% jump in the quota expected from February and, instead, establishes a convergence over 12 months. In addition, in no case, the quota may exceed 35% of family income.
This month, the National Collective Hipotecados UVA Autoconvocados issued a statement criticizing Alberto Fernández for his "forgotten campaign promises . "
"The current government cannot disregard it. Loans indexed to 20, 25 or up to 30 years are not viable, with inflation that navigates above 50% annually , with income of the population increasingly devalued and that adjust very below the general price level of the entire economy, "they said in a letter.
And they asked the President of the Nation: "To make a decision and end this usury, putting into practice one of his campaign phrases : 'Between the banks and the people, I stay with the people'".
According to the official, the extension of a month for a subsidy that comes out of the amounts of another program, the ProCrear, is a temporary solution. And he took the opportunity to point to the decision to "freeze the quota" by macrismo, in the middle of the elections.
"What we did was to extend for a month to make an in-depth study and find out how in 12 months the reference quota for the month of August is found. It is what we could and what we can in relation to how it has to be recomposed macroeconomics in general, "he insisted.
And he highlighted the decision to avoid there being cases of quotas that exceed 35% of family income . "In that case there is specific attention in the reference banks where credit has been taken to find a solution, a measure that somehow contemplates someone who has been able to lose their job," he said.
The UVA is an indexed loan, which adjusts to the inflation rate, and is reported daily by the Central Bank, from the Reference Stabilization Coefficient (CER), built with the monthly variation of the Consumer Price Index, which is Prepared by the National Institute of Statistics and Census (INDEC).
According to the survey carried out by the Central Bank of the Argentine Republic, there are currently a total of 105 thousand UVA mortgage debtors, of which 95 thousand correspond to loans of up to 120 thousand UVAS and for single housing.
