Natalia Muscatelli
09/07/2021 11:40
Clarín.com
Economy
Updated 09/07/2021 11:44
A crack was also installed in the rental segment.
Some properties lagged behind and have values well below the market and others
continued to rise above inflation.
The latter was the trend in many apartment rentals
in the City of Buenos Aires, which in August reached peaks of $ 68,000
as of the implementation of the Rent Law.
While the interannual inflation measured by INDEC between July 2020 and July 2021 was 51.8
%, used apartments that are offered for rent
increased 57.98% on average in the case of two-room apartments and 61.13% when it comes to three-room units,
according to a survey by the Real Estate Report.
Thus, the year-on-year increase in the case of the two-room departments exceeded the accumulated annual inflation by 6 points and in the case of the three-room departments, this increase was
almost 10 percentage points higher than the rate registered by the general CPI
measured by the agency. statistics officer.
The citywide median value for
used 2-room apartments exceeded $ 29,329 in August 2021,
while
3-room
units are
trading above
$ 39,400
on average
.
In the year-on-year comparison of increases since 2009, the beginning year of the Real Estate Report rental value series,
August of this year showed the highest increase in the last 12 years
.
According to this survey, the neighborhood with
the highest average prices for a three-room apartment was Las Cañitas
, with an average value of $ 56,100 and peaks of up to $ 68,000.
In second place,
Palermo
appears
with an average of $ 55,770
.
Although, in this area, one of the most required in the Buenos Aires area, there are maximum values that reach up to $ 65,000 in the case of three-room units.
The neighborhood with the lowest average price in the ranking in the city of Buenos Aires is
Nueva Pompeya, with an average of $ 29,750
, in the case of the three environments.
Among the two-room units, the highest prices also fell in the neighborhoods of Palermo and Las Cañitas with $ 39,585 and $ 40,040, respectively.
While
La Boca is among the cheapest, with an average value of $ 23,000
for two-room apartments.
The exorbitant rise in leases in the last year is part of the enactment of the new Rentals Law that
reduced the supply of real estate in the market
because the owners consider the three-year contracts and the annual adjustment that it proposes to be inconvenient. the regulation, they explain in the real estate.
In this regard, a survey by the Zonaprop property platform showed that, in Argentina, 8 out of 10 owners surveyed
consider that the rental law harmed them.
For tenants, one of the most damaging points of the law
was the indexation rate that is no longer regulated according to supply and demand
, but is annual and is established from a coefficient that the Central Bank reports every month .
It is the Index for Rental Contracts (ICL) that considers in equal parts the variation of inflation (INDEC CPI) and wages according to the RIPTE (Average Taxable Remuneration of Stable Workers).
NE
Look also
Step by step, how to calculate how much your rent will increase with the new law
What to do today with an empty apartment: sell, rent or wait?
