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Did many expats move out of Buenos Aires due to the higher cost of living?

It sounds like many are moving to Europe. Many on X say it is cheaper in Europe. This popular poster on X said Germany is cheaper which is tough to believe.


This is true! I just spent the past year living in Spain. My aunt died and I had to help take care of her kids. I just moved back to BA. I am shocked how expensive it is. Food is cheaper in Spain.

IMF have to keep giving more billions. I pray inflation don't go back up. Tourists so slow now. My parents sad and stress every day. I came back but maybe I go back to Spain. I have passport there.

I think things go back with problems. With no IMF money Argentina have more problems. Milei liar. If he do so good why IMF have to give so much. Nothing has improved.
 
It sounds like many are moving to Europe. Many on X say it is cheaper in Europe. This popular poster on X said Germany is cheaper which is tough to believe.


This post very sad. Unfortunately I will have to leave soon too. For people that own it is ok but for those that don't have money to buy we are stuck.
We are stuck and lose lose situation. If blue go up and you get more pesos then all the stores raise their prices and inflation goes up.

And probably get worse. And it can last a long time. We had over 10 years of high prices.
 
This post very sad. Unfortunately I will have to leave soon too. For people that own it is ok but for those that don't have money to buy we are stuck.
We are stuck and lose lose situation. If blue go up and you get more pesos then all the stores raise their prices and inflation goes up.

And probably get worse. And it can last a long time. We had over 10 years of high prices.

Agree it can get worse. Rental rates are going up. Anyone that I know that rents, the rates keep going up. Owners are making higher and higher returns because they are jacking up their rates and renters have to pay all bills. It seems like exchange rate will eventually trade at 1400 to $1. Once it does inflation will go up.

I was at the Four Seasons today eating lunch and there were a bunch of people there. I asked one of the doorman and he said that business travel is going well and many oil companies are sending people. He said banks are sending people also from US. Rates are crazy there. So it seems like maybe business travel will pick up.

My friends that both work here and own a place are in a good situation. Salaries have gone up and they are ok. The one thing in common everyone that is struggling is they are renting.
 
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