Key Facts

—The push. Economy minister Luis Caputo is urging banks and brokers to pool capital into a real-estate fund to revive home lending.

—The model. The idea resembles a real-estate investment trust, or REIT, spreading risk across several financial players.

—The problem. Most Argentine home buyers still pay cash, and mortgage-backed sales fell more than a third early this year.

—The pain. Construction has lost about 60,000 payroll jobs since President Javier Milei took office.