The repeal of the rental law, the recession, high inflation and the credit restriction took away the dynamism of the real estate market. But the low dollar prices of real estate and the attractiveness of Buenos Aires mean that interest is maintained for many.
High interest rates and credit constraints may continue to be a barrier to home buying, especially for first-time homebuyers. Innovation in financing solutions, such as real estate crowdfunding or direct financing agreements between developers and buyers or with private mortgage loans, could be key to energizing the sector.