By qsolis 10/feb/2023
La Cartita
Due to the COVID-19 pandemic, a large number of international visitors, primarily from the US, have been drawn to Mexico City’s cafes, parks and AirBnBs. This has had the consequence of driving up rental rates and displacing long-time residents from their communities.
Residents complain that their neighborhoods are being transformed into exclusive “expatriate bubbles”, rather immigrant bubbles, while they cannot keep up with the rising costs of living.
The Mexican government stopped publishing average rental rates in 2018, but a study by real estate website Lamudi found Mexico City rents dropped slightly between December 2020 and December 2021.
Residents are concerned about the changes and how their neighborhoods are becoming exclusive to foreigners, and activists are rallying against it. People are hopeful that by speaking out and raising awareness of the issue, they can create a better world.