earlyretirement
Moderator
Yes statistics in Argentina are all a lie. I don't know ANYONE making minimum wage. I can't find maids at all. Even offering to pay quite a bit per hour it's difficult to find people. If things were bad you would easily be able to find people paying 3X the norm. One maid started asking for 10,000 pesos per hour.50% poor is probably a bullshit statistic
There is a lot of money in the country. I've always said this before but my local friends put my American friends to shame when it comes to net worth. Most of my friends here on the down low own like 15-20 properties in Recoleta or Palermo renting it out short-term. All owned free and clear with no mortgage. My friends in the USA are on 30 year mortgages, financed cars, and up to their neck in debt!