In 6 months, the supply of apartments for rent in CABA fell 80%

In 6 months, the supply of apartments for rent in CABA fell 80%

The context of the discussion is disturbing for the tenants. Only in the City of Buenos Aires, in the last six months, the availability of rental units fell by approximately 80%, according to Mariano Garcia Malbran, president of the Chamber of Real Estate Services Companies (CAMESI). “This is a cocktail: Rental Law in force, but also growth in temporary rentals, and inflation of 120%,” he justified.

At the same time, Alejandro Bennazarpresident of the Argentine Real Estate Chamber, acknowledges that the difficulty of renting has to do with the increase in apartments published in dollars.

However, it holds direct owners more responsible than professional studios for carrying out this practice: “What abounds in this sense is the private proposal, but that will return to its normal course once the Law is corrected, which in our opinion should not have been done.”

The current Rental Law maintains among its highlights the application of a three-year contract, with an annual update scheme, based on the Leasing Contract Index (ICL), published by the Central Bank. According to García Malbrán, the legislation is respected in only 5% of contracts nationwide.

“Real estate companies are put in trouble when the owner demands issues that do not conform to the Law. However, because the demand is great, “it allows landlords to demand more and legal advice is not taken into account. account”, explains the head of CAMESI. In any case, he clarifies that the offer in hard currency is not illegal, but it is demanding payment at a parallel price.

In the other side, Gervasio Munoz, owner of Grouped Tenants, maintains that the arguments of the market are “all sarasas”. The organization called for a demonstration the same day of the legislative treatment in the National Congress.

In addition, they will introduce you to the president of the Chamber of Deputies, Cecilia Moreaua request for abstention in the vote of those deputies “who have conflicts of interest because they are rentiers.”

They also published a petition signed by the main leaders of the union forces, such as the CGT, the CTA and the CTA-autonomous, against the modification of the Law. For Muñoz, the changes in the current regulations are “a preview of what What will happen to the rights of workers and workers in the coming Argentina?

Likewise, the tenants belonging to the organization already fear the suspension of the contracts or the renewal, in the face of the imminent debate. When the rumor of the modification spread in April, several tenants spread the interruption of the negotiations with the owners on social networks. This is the case of Pablo, who was warned that “a contract cannot be signed until a new Law comes out.” There are also other gems. Marcela, in dialogue with this newspaper, says that she was directly asked if she was “Argentina from the province or capital” when renting.

Christian, a tenant in Almagro, had his offer modified within ten minutes: “The initial offer was $89,000 and after a while they called me and told me that it was going to $99,000 because the value had become outdated.” Finally, there is the case of Fernando, who now lives in Palermo, who had to cancel an offer for asking him for “15% real estate commission on the amount of the contract and quarterly increases of 20%.”

For Martha Liottopresident of the Sole College of Real Estate Brokers of CABA, irregular operations respond to “owners who act on their own”, but in the City, “professionals strictly comply with the Rental Law”.

Source: Ambito

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