The Argentine architect who escaped the 2001 crisis and even lost his house in the United States with the global debacle of 2008

The Argentine architect who escaped the 2001 crisis and even lost his house in the United States with the global debacle of 2008

October 31, 2024 – 20:00

Although the dream of many may be to go live in the United States, Gustavo Bertran’s story can be living advice.

Argentina had to go through numerous economic crises throughout its history, which hurt the workers’ pockets and deepened poverty, unemployment and social unrest. However, this is not something unique to our country, and world powers such as USA o China also suffered the consequences of failed economic plans.

A person who knows about this is Gustavo Bertranan Argentine who, after the crisis of 2001decided to take a 360º turn in his life to look for a better future and went to live in Californiawithout knowing that an even more desolate situation awaited him, and from which he still could not recover.

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The story of the Argentine architect who escaped to the US in 2001 and lost everything in 2008

Gustavo came to Adelanto, Californiafrom Venado Tuerto because he could not find a job in Argentina for his profession, and arrived in a practically empty area, with a lot land to build and green spaces everywhere. Shortly after his arrival, the frenetic construction of homes began due to the real estate boom and there was even a waiting list to get a house in that town. At that time he got a job with a local architect and was in that studio for six years. renting with your partner. After the insistence of many, They decided to buy a house.

They completed the operation in August 2006, at the peak of home values. With a credit of 300 thousand dollars that the bank gave them with full financing, they reached a 4-bedroom house in Adelanto. They paid $2,500 a month in fees, but they didn’t know what awaited them in 2007. American economic bubble It blew up in his face shortly after he opened his own studio, and the companies stopped paying him. This meant that they could not go ahead with the purchase of the house, and it was a matter of time before the bank declared it available for auction.

Currently, the Bertrans rent a house in Victorville, 100 meters from Route 66, and They practically live only on their savings. In the midst of an economic crisis that does not seem to be improving, They are considering returning to Argentina. Although they want to stay in the United States, they say they must look for short-term alternatives to maintain their lifestyle.

Source: Ambito

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