Buenos Aires Public Transport’s Decade Of Triple-Digit Fare Increases

Patrick Archer average prices, ba government, buenos aires events, lifestyle

With another round of fare increases on the horizon for both Buenos Aires taxis and subways, which mode of public transportation has seen the largest fare hike over the past decade? The initial fee or la bajada de bandera (lowering the flag) for a BA taxi was $1.44 pesos in 2004. That fee rose to $1.60 the following year, $3.10 …

Buenos Aires Street Parking Rates Will Rise 300% Next Year

Patrick Archer ba government, buenos aires events, real estate

The cost of  parking on the street in several Capital Federal neighborhoods will surge over 300% next year when proposed legislation from the Government of the City of Buenos Aires wins approval. The new measure, which was debated last week in the legislature’s Transit and Transportation Committee, will extend the new progressive metered street parking system currently in force in Microcentro to …

Argentines Now Paying 40% More At The Grocery Store

Patrick Archer competitiveness, lifestyle

Argentina finds itself alone atop a new regional ranking of Latin America…unfortunately this one is not for tourism growth or FIFA standings. Argentines are paying almost 40% more at the supermarket today compared to a year ago, the highest year-over-year increase for any country in the region. “Record Latino” is how Cronista summarizes the findings from Kantar Worldpanel’s report “Latin …

Average Rental Rates For Buenos Aires Neighborhoods

Patrick Archer average prices, buenos aires events, real estate

The cost of rental housing in Capital Federal and the Greater Buenos Aires (GBA) area rose an average of 27% in the past year, according to a new market study from Reporte Inmobiliario. The report focused on rental rates for two-room apartments, the most popular unit size in Greater Buenos Aires in terms of both supply and demand. Clarin’s Pablo Novillo …

Like New: Argentina Used Car Sales Soaring

Patrick Archer competitiveness, lifestyle

Sales of used cars in Argentina have been on fire this year, as locals continue to look for low-mileage, four-wheel hedges against inflation. According to the Automotive Sales Chamber, 138,707 used cars were purchased in March in Argentina, up 5.4% over the 131,633 sold in March of 2010. With the addition of March sales figures, Argentine dealers sold 422,951 used …