Economy Politics Country 2026-01-11T22:28:35+00:00

Argentina's Economic Crisis: Survey Reveals Renters' Hardship

A national renter survey in Argentina shows most cannot afford proper meals, are in debt, and spend a large portion of their income on rent. Short lease terms and frequent rent hikes worsen economic instability.


Argentina's Economic Crisis: Survey Reveals Renters' Hardship

A new survey reveals a severe economic crisis affecting renters in Argentina. Conducted by the group Inquilinxs Agrupadxs, the poll indicates that 60.3% of respondents faced difficulties with food access, and 52.3% with healthcare. Of those surveyed, only 38.5% can afford three daily meals, 23% manage only two, and 4.5% just one. The primary concerns for renters include high rent prices (73.3%), short lease terms (53.4%), and the need for guarantees (42.8%). Nearly three-quarters of renters (75%) are in debt. Furthermore, 65% face rent increases every 3-4 months, 60% have adjustments tied to inflation (IPC), and 8% experience unilateral hikes decided by the property owner. About a quarter of renters (25%) spend between 60% and 100% of their salary on rent, 17% spend 50%, and 22% spend 40%, while only 10% pay less than 20% of their income. To cover rent payments, 91.7% had to cut back on leisure, and 86.3% on clothing. Paying with credit cards (92.2%), debts for groceries (82.2%), pre-existing debts (76.9%), and rent itself (76.1%) are the main financial obligations. When assessing their household's economy for 2025, 46.5% described it as 'very bad,' 26.5% as 'bad,' 19.2% as 'regular,' 5.4% as 'good,' and only 2.4% as 'very good.' The report also highlights that short lease durations reinforce instability. Among the 1,100 renters surveyed, 64% have a two-year contract, 16% a three-year one, 13% a one-year contract, and 7% have no written agreement at all.