Home ownership: in Argentina, it takes more than 14 years of income to own a home

The dream of owning one's own home in Argentina seems to be getting farther and farther away, year after year.

RIO DE JANEIRO, BRAZIL - According to a series of recent surveys carried out in the local real estate market, it takes the full salaries of more than 14 years of work to have access to an apartment of approximately 40 m2, the average size among the most sought-after surfaces as a first home.

The data comes from the last report made by the specialized site Reporte Inmobiliario. This problem in the access to owning a house has three fundamental axes, which interact with each other within the framework of the Argentine economy.

These three variables directly influence the loss . . .

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