The entity directed by Andrés Asiaín specified that the median of the studio apartments offered in the city is $59,000, so The Minimum Vital and Mobile Salary, which in October is $54,550, is enough to cover 92.5% of a rent.
“This ratio, which had improved at the end of 2021 and was around 104%, has dropped more than 10 percentage points in the last year,” the report said.
On the other hand, the median of offers for two-room apartments is $69,000 and for three-room apartments $95,000, with coverage of the minimum wage of 79% and 57.4%, respectively.
“The values expressed above do not include expenses, which reach an average of 14.9% of the cost of the offer price of a rental,” added the CESO.
He also indicated that “in each category, the prices vary depending on other characteristics (such as age, if it has a garage, etc.) and its environment (infrastructure, availability of transport, proximity to shopping centers, among others)”.
The Index for Lease Contracts, which regulates the updating of rents within a contract already in force, shows a year-on-year increase of 69.7% on the first business day of October, while in the same period, the official dollar rose 48. 31%.
CESO stressed that “the context of rising inflation adds uncertainty when it comes to setting values that will govern for 12 months.”
“This, which is a problem of macroeconomics beyond the contractual conditions, has been translating into high entry values that, with the current inflation rates, liquefy quickly, but are a very significant barrier to enter a rental“, complete.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
