Argentina Bitcoins Surge In Acceptance As Inflation Hedge

Bitcoins, the virtual currency created by programmers in 2008, are quickly emerging as an inflationary hedge for a growing number of Argentines. In fact, Argentina now boasts the largest community of bitcoiners in Latin America. Bitcoins, An Alternative That Is Catching On As A Means Of Protecting Against Inflation is the headline of today’s article in iProfesional which features interviews …

After 3 Years of Declines, Buenos Aires Real Estate Sales Rise 11%

[soliloquy id=”21377″] After 3 Years of Declines, Buenos Aires Real Estate Sales Rise 11% By Patrick Archer Buenos Aires real estate sales reversed three straight years of double-digit declines in 2015, according to new numbers released yesterday from the Buenos Aires Notary College. Residential real estate sales in the City of Buenos Aires rose 10.91% in 2015 to 37,381 total …

The Argentina Investment Report for December 01, 2015

[soliloquy id=”21295″] By Patrick Archer – @InvestBA The Argentina Investment Report for December 01, 2015 The Argentina Investment Report is a weekly snapshot of headlines regarding the country’s changing economic outlook; as well as the challenges, risks and opportunities awaiting foreign investors in Argentina.  “The First Signs of Confidence” – Clarín op-ed by Dante Sica, former national secretary of industry and mining, who says “generating …

Buenos Aires Retail Vacancies Rise Another 15% This Summer

[soliloquy id=”20994″] Retail vacancy rates rose another 15% this summer in Buenos Aires, as a combination of double-digit inflation, higher rents and unlicensed street vendors sapped the strength of calles comerciales. A new report from the Argentina Retail Chamber (CAC) says the number of retail vacancies observed during the first two months of 2015 reached 324 or 15% more vacancies than before the …

Buenos Aires Residential Rental Rates Climb 30% In One Year

[soliloquy id=”20825″] Residential rental rates in the City of Buenos Aires rose 30% on average during the one-year period ending November 2014, according to new data from the city’s Department of Statistics and Census. The report compares average prices for existing 2 and 3-room apartments with approximately 50 square meters (538 square feet) of living space in thirteen Buenos Aires …