Part 6/9:
One of the striking impacts of his policies was the lifting of rent controls, which previously led to significant shortages in housing. Post-deregulation, the supply of apartments tripled, and rental prices fell by nearly 50%. Such results exemplified Milei's grasp of free market economics, providing evidence that removal of price controls can lead to increased supply and lowered prices.
The Current Landscape and Future Outlook
While Milei has seen successes, challenges remain. The inflation rate is markedly lower than the heights of his arrival, yet it continues to be problematic. Additionally, entrenched tariffs render consumer goods significantly more expensive—such as the fact that an $800 iPhone could cost nearly $3,000 in Argentina.