Access to housing through new UVA credits in Buenos Aires is a possibility reserved for an elite. This is the only segment that, due to its income, could qualify for a UVA credit. Minimum salary calculator for Argentina: how much you earn per month, how much you should earn to match inflation, how many pesos you are short. Compared to the total population of the City, this high-income group represents only 4.88% of all porteños. What can you buy with a UVA credit? The average income of the top decile of CABA is $3,398,032 per month. According to a cross-reference of data from the 2022 Census, only 4.88% of the total population of CABA could access the necessary income to qualify for a credit to buy an apartment in a medium-value area. According to the final data of the 2022 Census, the total population of the City of Buenos Aires is 3,121,707 inhabitants. In contrast, the census report details that Decile 10 (the 10% of the employed population that earns the most) groups only 152,428 people. This level of income is the minimum required to qualify. A simulation of a UVA credit at BBVA, for a client who receives their salary at the bank, shows that with that level of income, one could buy a home worth up to USD 58,222 (equivalent to $84,714,174) for a maximum term of 30 years. With a credit of that amount (USD 58,222), at a value of US$ 1,500 per square meter in a medium-value area like Villa Pueyrredón, a porteño could only aspire to buy an apartment of approximately 39 square meters.
