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Buenos Aires: Newest Expat Oasis {Gadling}
Apr 28th 2006 9:15AM This is just one of many recent inky sminky articles on B.A. I'm sad to say, the articles that have been coming out as usual have taken the media spin to make their article hot. Although some things are true, I've seen a lot of things get streeeeeeetched out of reality.
From someone who's living here, let me break the bubble with this, the rents are not all 250.00 per month. As a matter of fact, for a foreigner coming in, those rents are really hard to come by. In Argentina, you need a "guarantia" from a property owner here, or you'll need to pay up front on your rent to get a better deal. The guarantias are required because it can take up to 2 years to evict a tenant or recoup damages. And, a big chunk of the better apartments are being put into the tourist rental market (which is most likely what many people will end up with as a rental anyway) and the rents are definately higher.
All that said, we love it here, and I am in fact one of those starving artists, but I came here not just to live an overall less expensive life, but also because I love the culture and the people.