Feb 16 • 11:48 UTC 🇦🇷 Argentina La Nacion (ES)

Renting in gated communities: a trend that is increasingly growing for year-round living

The trend of renting homes in gated communities in Buenos Aires is rising among high-income middle-class households who prefer long-term leases over temporary summer rentals.

In recent years, renting homes in gated communities in Buenos Aires has evolved from a temporary housing option into a growing trend, particularly among higher-income segments of the middle class. While these neighborhoods were traditionally associated with purchasing property, the desire for enhanced security, amenities, and an improved quality of life has led many to opt for long-term rental agreements. This shift reflects changing attitudes towards homeownership and the increasing value placed on lifestyle over property investment.

The expansion of this rental market coincides with the rise of new developments and an increase in the number of residents within these gated communities. Many families are now looking for the advantages of living in these secure environments without the financial commitment of home ownership. The trend also signifies a broader change in the real estate landscape, where lifestyle preferences are starting to dictate housing choices, particularly in urban settings.

According to a recent report by Tejido Urbano, the rise of elongated rental contracts highlights the evolving dynamics of Buenos Aires's real estate, demonstrating a significant shift in priorities among residents. This trend not only transforms the housing market but also impacts the community structure within these exclusive neighborhoods, as more families engage in long-term tenancies rather than transient vacation stays.

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