BuySellBA
Administrator
Expenses more than doubled the inflation estimated for August and reached $150,000 on average - Ambito
Source:
www.ambito.com
September 11, 2024
Expenses have increased by almost 120% in the first eight months of this year, according to Octopus PropTech's survey. What payment methods do users choose to pay such high costs?
Expenses rose more than 9% in August.
Expenses increased by an average of 9.32% in August and the average value was $145,497, according to the Octopus PropTech survey of more than 120,000 households. In this way, the increase more than doubles the inflation estimated for the eighth month of the year, close to 4% .
Thus, expenses accumulated an increase of 118.38% in 2024, according to the survey carried out by Octopus PropTech , a platform that provides digital solutions to all people who manage or live in buildings, country houses, or neighborhoods. This variation is also well above the accumulated figure for 2024, which is around 100%.
Dólar hoy: a cuánto opera estemiércoles 11 de septiembreVer Más
The average cost of household expenses was $145,497 in August . "These figures reflect the average of all the consortium's expenses: salaries, service payments, purchases, public services, security, cleaning, maintenance, professional fees, among other costs," the platform said.
"This change clearly reflects that residents are looking for simpler and faster options to meet their expenses ," says Nicolas Baccigalupo , CEO & Founder of Octopus Proptech .
"More and more residents are choosing QR because it makes their lives easier. It is fast, convenient, and also saves them from having to worry about payment errors or sending receipts. It is another step towards digitalisation in the area of consortia," he added.
As for payment by bank transfer , it continues to be the most popular payment method , although there is a decrease in its use. It was used by 91.28% in January 2024 compared to 90.87% who used it in August.
In this way, a tenant who paid $100,000 in August will pay $343,160 starting next month.
For their part, those tenants who closed half-yearly agreements will experience increases of 66.3% in September , below the accumulated inflation until July, which stood at 87%.
www.buysellba.com
Source:
Las expensas más que duplicaron a la inflación estimada para agosto y rozaron los $150.000 en promedio
Las expensas acumulan una suba de casi 120% en los primeros ocho meses de este año, según el relevamiento de Octopus PropTech. ¿Qué métodos de pago eligen los usuarios para abonar costos tan altos?
www.ambito.com
September 11, 2024
Expenses have increased by almost 120% in the first eight months of this year, according to Octopus PropTech's survey. What payment methods do users choose to pay such high costs?
Expenses rose more than 9% in August.
Expenses increased by an average of 9.32% in August and the average value was $145,497, according to the Octopus PropTech survey of more than 120,000 households. In this way, the increase more than doubles the inflation estimated for the eighth month of the year, close to 4% .
Thus, expenses accumulated an increase of 118.38% in 2024, according to the survey carried out by Octopus PropTech , a platform that provides digital solutions to all people who manage or live in buildings, country houses, or neighborhoods. This variation is also well above the accumulated figure for 2024, which is around 100%.
Dólar hoy: a cuánto opera estemiércoles 11 de septiembreVer Más
The average cost of household expenses was $145,497 in August . "These figures reflect the average of all the consortium's expenses: salaries, service payments, purchases, public services, security, cleaning, maintenance, professional fees, among other costs," the platform said.
Payment of expenses: what methods do users choose?
The sharp increase in expenses, the high cost of these, the impossibility of having high-denomination bills and the increasingly frequent use of virtual wallets led to the growth of payment via QR. While in January 2024 only 0.31% of users used this method, in August 2024 it was adopted by 2.07%."This change clearly reflects that residents are looking for simpler and faster options to meet their expenses ," says Nicolas Baccigalupo , CEO & Founder of Octopus Proptech .
"More and more residents are choosing QR because it makes their lives easier. It is fast, convenient, and also saves them from having to worry about payment errors or sending receipts. It is another step towards digitalisation in the area of consortia," he added.
As for payment by bank transfer , it continues to be the most popular payment method , although there is a decrease in its use. It was used by 91.28% in January 2024 compared to 90.87% who used it in August.
Rent increases: annual increase is in three figures
September brought a new rent increase . Tenants who are still governed by the old rental law and therefore make annual adjustments, saw an increase of 243.1%. Although this is a high figure and will impact their pockets, the increase is lower than that of August when the Rental Contracts Index (ICL) climbed 247% annually .In this way, a tenant who paid $100,000 in August will pay $343,160 starting next month.
For their part, those tenants who closed half-yearly agreements will experience increases of 66.3% in September , below the accumulated inflation until July, which stood at 87%.
www.buysellba.com
