Three years from the rental law all parties agree that it was a complete failure. They all lost: tenants, owners and intermediaries.
What was treated as a law, initially well-intentioned for the tenant, ended up being a nightmare.
Now, practically, there is no rental offer. Those who still offer them do so in very high numbers. The curious thing is that it ends up being accepted by tenants who are not unaware that this number will end up being devoured by inflation.
By the way, an annual inflation of more than 100% means that there are workers with blank salaries below the poverty line.
It is also fair to say that the drought and the Russia-Ukraine war affected the market. For this reason, regardless of whoever weighs it, it operates outside the new rental law. He does it professionally. Prices and updates are agreed behind closed doors between the parties and, in many cases, in dollars.
The entire market expects the law to change and waits for the closing of lists to see if some political certainty is accompanied by the economy.
For now, the only green traffic light is the drop in US interest rates. The US giant’s dollar vacuum cleaner will surely turn off and investors will be tempted towards tangibles.
The drop in interest rates will strengthen commodities such as soybeans and wheat, a fundamental sector of our country. For now, investors unsaddled until the outlook clarifies.
Source: Ambito
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