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Chainsaw man BTFOs leftoids once again: Rents in Argentina fall by 20% and supply increases massively after he abolishes rent control policies.

https://www.telegraph.co.uk/money/property/argentina-chainsaw-man-javier-milei-slashed-rents-20pc/

Rents in Argentina have fallen 20pc since President Javier Milei scrapped a “destructive” cap for landlords in December.

Under four-year rent controls, landlords fled the market in their thousands and rents increased 286pc, fuelling an even deeper housing crisis.

LMAO. Leftoid idoicy does so much damage. But we all aready knew this.

Since the legislation was scrapped, rents have fallen and the number of properties that are available for rent has increased significantly, according to industry body the Argentine Real Estate Chamber.

Who could have predicted this??? (Except for literally every economist)

The drastic change in outlook for the country's rental market adds further weight to arguments that even with the aim of reducing the burden on renters, rent caps often have the opposite effect.

Leftoids are still going "La La La can't hear you"...

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omfg :marseyrofl:

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Lol It went up 211% and came back down 20%? Bravo 👏🏻

Heh, you only managed to save one person from the hospital I set on fire? Well done I guess

:#marseycomradecrytalking:

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From the way this is worded, this person clearly thinks that rent would need to go down by 211% to get back to earlier levels

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Eh, they are displaying the mathematical literacy of the average leftoid.

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