On February 11, 2025, Argentina’s President Javier Milei dissolved the Secretariat of Territorial Development, Habitat, and Housing as part of his “Chainsaw 2.0” austerity plan. This move marks a significant step in Milei’s broader effort to downsize government operations and reduce public spending. The government justified the decision by arguing that Argentina’s housing crisis requires macroeconomic stability rather than state-led construction efforts. He emphasized that freeing resources for private credit markets could better address housing needs.
February 12, 2025
SOURCE: RIO TIMES
Argentina’s “Chainsaw 2.0” Plan Reshapes Housing Policy with Major Cuts