Argentina Scrapped Its Rent Controls. Now the Market Is Thriving.

Wall Street Journal, Sept. 24, 2024-Ryan Dubé and Silvina Frydlewsky
For years, Argentina imposed one of the world’s strictest rent-control laws. It was meant to keep homes such as the stately belle epoque apartments of Buenos Aires affordable, but instead, officials here say, rents soared.

Now, the country’s new president, Javier Milei, has scrapped the rental law, along with most government price controls, in a fiscal experiment that he is conducting to revive South America’s second-biggest economy.

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