Argentina: House price to income ratio
The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.
The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.
No house price statistics are published in Argentina. Inmobiliario, a private firm, produces house price statistics but they are not publicly available. General statistics come from the Banco Central de la Republica Argentina, the Secretary of Economic Policy, the Instituto Nacional de Estadistica y Censos (INDEC), and the Direccion Nacional de Cuentas Internacionales (the last three under the Ministerio de Economia y Produccion (MECON)).
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