Durable Goods and Premium Real Estate Sectors Rebound Sharply Following Unprecedented Expansion of Argentine Mortgage Credit
Financial institutions across the city of Buenos Aires are reporting the highest volume of mortgage and high-value consumer credit issuance in a decade. This domestic credit boom is being fueled by the stabilization of long-term interest rates and the successful integration of billions of undeclared dollars through the historic fiscal innocence amnesty program introduced by the federal government.