Handy Andy
Active member
My friend was very happy with a long-term lease she had with a property owner for several years that she got locked into during Covid. She had a great deal where her rental contract was in pesos and was for 3 years and only could get adjusted once a year. With Milei's new law, it got more favorable for the owner and there was an inflation adjustment in it. She just found out that next week in August, her peso rent is going to skyrocket upwards.
She tried to lock the lease in with dollars as she would have rather just known what she will pay but she was surprised the owner wanted to do it in pesos. Will the jump up be that significant?
She tried to lock the lease in with dollars as she would have rather just known what she will pay but she was surprised the owner wanted to do it in pesos. Will the jump up be that significant?