A drone photo of a slum next to a green neighborhood.

Rich neighborhoods exist next to very poor areas called “villas miserias” in Buenos Aires. This one, near San Isidro in the wealthy northwestern surburbs of the city, is near the site of a wall that was built and quickly dismantled, making international news and called the "Wall of Discord" in Argentine media. Today there are still walls, barbed wire, and a yawning wealth gap between them.

Argentina is a country with a rich cultural heritage and a vibrant history, but it's also a place that has struggled with inequality and economic mismanagement for many years. Nowhere is this more evident than in the country's capital city of Buenos Aires. While the city is home to some of the most beautiful architecture, food, soccer players and people in the world, it is also home to some of the most significant economic disparities, and many millions live in or near villa miserias. 
In the early 1900s Argentina was one of the world's 10 wealthiest countries by GDP, but its subsequent decline relative to other industrialized countries since then has sparked much research and perplexity amongst economists. Record high inflation, stagnating growth, and rising poverty and unemployment rates at various times during the last century have led Argentina to default on its debt nine times, and accept multiple bailouts from international institutions like the IMF. My first trip there in 2021 was a tragi-comedy of trying to pay for everything in pesos, as the difference between payments settled by a foreign credit card and local currency was over 100%. 
That all began to change in a big way with the election of Javier Milei to the Presidency in 2023. Milei campaigned on ultra-libertarian economic principles, threatening to take a "chainsaw" to the country's social welfare state, dramatically reduce inflation, and balance the budget. His approach has been harsh and has sparked huge protests amongst students, health care workers, and public employees who have suffered under austerity measures imposed by Milei. However, his methods seem to be working - inflation rates have declined from 211% in 2023, to an expected 30% in 2025. The currency has stabilized, unemployment is down, and after a brief recession, growth is happening. 
A slum at sunset in front of skyscrapers  in Buenos Aires, Argentina.

Villa Rodrigo Bueno is located on some of the most expensive land in the city, on an ecological park in the shadow of the city's financial district. These informally built homes are currently being upgraded by the city to modern and regularized apartments. 

The densely packed Villa 20, currently undergoing an upgrade. 

Villa 31 and downtown Buenos Aires. Villa 31 (now known as Barrio Padre Mugica) is a dense mix of informal and formal buildings, with a mix of residents from Argentina and other South American countries. ​​​​​​​

Haphazard and unchecked development in Buenos Aires' sprawling villa miserias is the only affordable option for many families who want to live close to the city center.

In the political context of Argentina, the relationship between urban development and inequality is particularly relevant. As a result of neoliberal policies in the 1990s, Argentina underwent a wave of privatization, which had a significant impact on the country's infrastructure and social fabric. Housing was particularly affected by these policies, leading to a lack of access to affordable housing and a rise in informal settlements. The construction industry has played a key role in shaping Buenos Aires, with new developments and skyscrapers rising up alongside older, more traditional architecture. This growth has not always been equitable and has often benefited only a small segment of the population.
Despite these challenges, there are also signs of hope and progress in the fight against inequality in Buenos Aires. The government has launched several initiatives aimed at increasing access to affordable housing, such as the Federal Housing Plan and the Procrear program. These programs aim to provide low-cost housing to the country's poorest residents, and have already made significant progress in reducing the housing gap. In addition to government initiatives, there are also numerous non-governmental organizations (NGOs) and community groups working to address inequality in Buenos Aires. For example, the Urban Ecology Center in the neighborhood of Mataderos provides support and advocacy for residents of informal settlements, while the Techo organization works to provide low-cost housing solutions for the city's poorest residents.
A drone photo of a slum next to a nice neighborhood with swimming pools.

Inequality in Buenos Aires Province, to the northeast of the city. Developments in the Paraná river delta are changing the face of the province closest to the river's edge.

A drone photo looking straight down from the top of a very tall building.

The Alvear Tower, the tallest building in Buenos Aires, and a home for wealthy Porteños.

A drone photo of a slum next to a park.

Villa Rodrigo Bueno, opposite a dilapidated amusement park on the river's edge in the affluent eastern section of BA.

A highway crossing Villa 31 with the skeleton of an unfinished ramp looming above. 

Homes have been built in every conceivable place, including between and under the highway.

The city is the undisputed political, cultural and economic powerhouse of the country. Fully 1/3 of Argentina's population (15 million people) lives here. 

A drone photo of a housing development.

These developments on wetlands north of the city are called "Nordelta". Reclaiming land from the soggy delta has become a gold mine for wealthy "Porteños".

New "regularized" housing in Barrio Padre Mugica.

A drone photo of a slum next to brown houses.

The towns of Quilmes (left) and Avellaneda (right) are split by Calle Caviglia. The informal section in Quilmes, called Villa Azul, was the site of the country's first total quarantine, enforced by the military to mitigate a fast-spreading outbreak in May 2020. No such quarantine existed on the other side. Hailed as a success by the Argentine media, the spread of the virus and the response point to the tale of two worlds that came into sharp focus around the world during 2020. 

In a June 2020 interview Health Minister Jonathan Konfino said, "...this has confirmed that for the occurrence of diseases, the determining factor is much more the postal code, rather than the genetic code. Today that street has become a symbol of injustice, which shows the inequality we live in and the need to advance the political decision to urbanize the neighborhood."

A drone photo of a train yard, a slum, and a downtown district.

Villa 31 is separated from the downtown core of Buenos Aires by a busy rail yard.

A drone photo of a slum next to a golf course.

Most of Buenos Aires’ “misery villages” are located in the south of the city. Villa 20 is built directly opposite a shopping center, the Olympic Village (from the 2018 Youth Olympic Games), and a defunct amusement park known as Parque de la Ciudad. Much like other informal neighborhoods in the city, it is undergoing an upgrading process, with new apartment blocks being built in an ever-expanding bid to formalize the city and guarantee basic services.

A drone photo of a slum and a river bend.

Villa 21-24.

A drone photo of a slum.

Barrio Fatima, Villa 3.

A drone photo of a slum next to a green area.

Villa 20.

A drone photo of a slum.

Villa 20.

A drone photo of homes with swimming pools next to a community.

Swimming pools and fences delineate the suburbs into rich and poor in BA province, north of the city.

Barrio Piedrabuena.

A fruit seller in Villa 31.

Twilight at the recycling spot. 

A man burning electrical cables with a huge fire while another man watches.

Copper recyclers burn the rubber sheaths off of scrap cables creating toxic smoke in Villa 31.

nighttime photo of skyscrapers and long exposure highway with cars moving.

Buenos Aires at night.

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