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How the gentrification crisis is hitting Mexico City

How the gentrification crisis is hitting Mexico City

Summary

Mexico City is experiencing a rise in foreign renters, especially digital nomads, which is leading to higher housing prices and the displacement of local residents. This situation is causing cultural changes and protests, and it reflects a broader issue of gentrification seen in other cities around the world.

Key Facts

  • Many foreigners, including digital nomads, are moving to Mexico City.
  • This influx is causing housing prices to rise.
  • Local residents are being displaced or pushed out of their homes.
  • The cultural landscape of Mexico City is changing due to these shifts.
  • There have been protests in response to these changes.
  • Mexico City's situation is similar to gentrification in other cities worldwide.

Source Information