Buenos Aires is seeing apartment rents down 40% and supply up over 170%, the WSJ reported this week.
The controls limited annual rent increases, causing landlords to leave units empty or hike up initial lease prices.
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Since last October, rents have fallen 40% and supply has skyrocketed over 170%, according to The Wall Street Journal.
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Organizations:
Service, Wall Street, Business
Locations:
Buenos Aires, Argentina