Javier Milei, the President of Argentina, repealed the Rental Law, deregulating the housing market. This led to a significant increase in the supply of rental apartments in Buenos Aires, doubling the availability, and a 20% decrease in prices. The repeal also resulted in a general strike called for January 24th in protest against Milei's austerity decree and the government's response.
There’s a general strike in Argentina on January 24th against Milei’s austerity decree and the government is freaking out. They are threatening fines, and police repression. Milei’s spokesperson also threatened that participating state workers will face lowered wages. https://t.co/Tt9CoSuQfB
Argentina made rental laws in 2020, ostensibly to protect tenants: 3 yr leases, rent control (annual price increase set by govt) Unintended effect: landlords couldn’t make $, took properties off the market, supply ⬇️ 30% Milei deregulated, prices have already fallen 20%! https://t.co/QSkSdNTTnH
MILEI: “We repealed the Rental Law, and supply increased by 50% and prices fell in real terms” “In the end, who was right? There is nothing more in favor of the people than unleashing market forces.” https://t.co/22Y2sNlYE5
Javier Milei recently deregulated the housing market in Argentina. So far, the supply of apartments has increased by 50%. The prices have decreased by 20%. In other news, the US government is attempting to make every aspect of your life more regulated.
Milei repealed rent control in Argentina and the supply of apartments in Buenos Aires has already doubled. Prices down 20%. Coping shills that think housing can’t be addressed with supply side reforms crying, losing hope
President Milei killed regulation of rental real estate. The availability of apartments in Buenos Aries doubled, and rents dropped 20%. The first step to fixing problems is to stop doing stupid things. https://t.co/Qqg41daS5c
Less than one month after President Javier Milei repealed rent control in Argentina and the supply of rental housing in Buenos Aires DOUBLED. The free market at work! Out with socialism, in with capitalism. https://t.co/VRLKrZG39d
By deregulating the housing market, Milei overnight doubled the supply of rentals in Buenos Aires and decreased prices by 20%. You have pro-market leaders, your life will be better. If they’re anti-market life gets worse. That’s most of public policy. https://t.co/ER7llFa9FP https://t.co/wdYlbc9uUy
"The abolition of the Rent Act had an almost immediate impact on the housing market. [...] The supply of rental apartments in Buenos Aires has already doubled [...] and prices have fallen [....] by 20%." https://t.co/vDPri9fJAi
According to this report, since @JMilei deregulated rent and tenancy length controls, in Buenos Aires the number of apartments available for rent has doubled and rent prices have fallen 20%. https://t.co/4Kasw2mlVT
🇦🇷 ARGENTINA: With Milei’s decree deregulating the housing market, the supply of rental units in Buenos Aires has doubled - with prices falling by 20%. https://t.co/eQWGzbRjtw
With the repeal of the Rental Law the supply of apartments in the city of Buenos Aires has already doubled and prices have dropped. Just get the State out of the way and things sort themselves out between private parties. https://t.co/hjKPNOXQh8
Massive protest in front of the Argentinean presidential building (Casa Rosada) against Javier Milei and his austerity decree. https://t.co/jc5TZEArhs
Thread of protests in Argentina against Javier Milei’s austerity decree that guts protections for workers, privatizes state-owned assets, sells off national resources, suppresses the right to protest, and deregulates the housing market. General strike called for January 24th. https://t.co/YloYUS5m8k
For @scottlincicome . Milei's repealing of the "rental law" in Argentina already resulted in a significant increase in rental supply in major metropolitan areas. https://t.co/NbC2ul8OgC
In Argentina 🇦🇷 first rental contract in #Bitcoin was signed in Rosario thanks to the repeal of the Rental Law in Milei's decree 🚀🚀 https://t.co/KeJRiiRD36