Argentina: Inflation Resumes Its Decline, But . . .

[Wally]

One thing is for sure. Nothing is certain in Argentina. People said it will never get as cheap for tourists as 2023 but you never know. The way things are looking it could get cheap again for tourists.

 

[Blockchain]

One thing is for sure. Nothing is certain in Argentina. People said it will never get as cheap for tourists as 2023 but you never know. The way things are looking it could get cheap again for tourists.

I hate to admit it but but that's what I am hoping for. China looks like they are devaluating their currency and Argentina has half their reserves with the debt swap with China. This trade war is not going to be good for Argentina but could be excellent for tourists and tourism next year. If Milei fails tourism could explode again next year.

Sucks for locals but would love it!

 

[JonJLA]

I hate to admit it but but that's what I am hoping for. China looks like they are devaluating their currency and Argentina has half their reserves with the debt swap with China. This trade war is not going to be good for Argentina but could be excellent for tourists and tourism next year. If Milei fails tourism could explode again next year.

Sucks for locals but would love it!

That would be bad for locals but tourism will boom again if the blue dollar goes up. I am lucky. I rent out my apartment in Soho and even with tourism down it has done ok. Prices are lower but if you are in a good area of Soho or Hollywood or other good parts of Palermo and have a nice place you will do ok. My apartment is in Palermo Uno a high rise in Soho. Much of the building was Airbnbs but many owners have switched to long term rentals so maybe that is why my place is still doing ok.