> Here's another interesting fact from Argentina's rent controls, per the Journal: "In Buenos Aires—a city dubbed the Paris of the South for its broad avenues and cafe culture—many apartments long sat empty, with landlords preferring to keep them vacant, or lease them as vacation rentals, rather than comply with the government's rent law." The newspaper said that owners of many of those 200,000 units are now putting them on the market.

> I've reported on a similar situation in San Francisco, which has more than 52,000 vacant units. Many owners would rather keep them empty than rent them out under the city's rent-control terms

So it's just a bunch of oligarchs owning far more land and buildings than they should withholding supply artificially. Then they can artifically ease off of it to make things look better for their preferred candidate even though rent prices aren't that much better. Even the article admits rent prices are still going up year over year, it's only when adjusted for inflation that it looks slightly better (which, also ironic given that his policies seem to have sharply raised inflation). So your average person still gets fucked.

Expanding on this, ("monthly rate" Vs "month by month projected annual rate" figures)

"When he was elected" (December 2023) he came in on the November 2023 annual inflation rate of 160.9%.

At the end of December 2023 the annual inflation rate was 211.4%

From the AP News link:

    On an annual basis, inflation in October (2024) was 193% compared to 209% reported in September (2024).

As a chart, see: https://tradingeconomics.com/argentina/inflation-cpi

and select time frame of interest, 1YR is tight, 3YR shows the rise and fall.

The inflation rate is headed toward the 'low' of November 2023 but hasn't quite yet descended there yet.

It's been less than a year. Inflation lags deficit money creation by about 13 months.