Over the past two years, the Argentinian economy has witnessed an incredible spike. Ever since President Macri took over the reins in Argentina, the real estate sector has been flourishing. The president introduced several reforms to make the country investment-friendly. His government has worked wonders towards driving positivity in the Argentina economy.
Keeping in mind Macri's background as a highly successful businessman and real estate developer, this comes as no surprise. Macri worked for several companies within the Macri Group and was even elected the president of Boca Juniors - the country's most coveted association soccer club.
Argentina was heading towards a recession in 2015 when Macri took over. Now, the story is very different. Due to his effective policies such as reversing capital controls, eliminating populist price controls on gasoline and food, devaluing the currency, settling age-old disputes with hedge funds and holding auctions on renewable and non-renewable energy, the economic situation has dramatically improved.