Argentinian authorities are now taking measures to minimize taxes paid by landlords to alleviate the absolute avalanche of properties being put up for sale. Why?

Thanks to hyperinflation, renting to someone in pesos makes zero sense, even with the new legislation that mandates an annual adjustment according to some bullshit government-baked inflation statistic.

For example, a friend just renewed her lease under the new law; her rent was augmented 60% in pesos when in reality it should've been closer to 100%. That means that with every passing day, landlords are collecting less and less in rental incomes, eventually forcing sales.

My friends tell me that real estate agents are so flooded with properties that they simply don't have the time to perform all the showings that are requested. Owners are so fed up with the current situation that they are turning to offering owner-direct contracts, which often puts them at risk if they don't know how to protect themselves properly from squatters (who are another epidemic altogether currently).

Argentinian bureaucrats continue to contrive near-sighted and ultimately feckless legislation to cover up their missteps with the IMF and the domestic currency.

This is why money needs to be separated from government. This is why we Bitcoin.