Gentrification in Mexico City is not the reason for the high cost of housing

Ian Hayden Parker

Mexico City, Real Estate

Home » Mexico News » Central East » Mexico City » Gentrification in Mexico City is not the reason for the high cost of housing

City housing shortage, not gentrification, drives prices skyward as planning lags behind demand and foreigner influence remains minimal. High real estate costs in Mexico City stem from a deep and persistent housing shortage—exacerbated by land constraints, tangled regulations and speculative investment—rather than by the presence of foreign residents. Despite headlines blaming “gentrification,” foreign-born residents make up just over 1 % of the city’s population, while planners estimate a gap of some 500 000 homes to...

High real estate costs in Mexico City stem from a deep and persistent housing shortage—exacerbated by land constraints, tangled regulations and speculative investment—rather than by the presence of foreign residents. Despite headlines blaming “gentrification,” foreign-born residents make up just over 1 % of the city’s population, while planners estimate a gap of some 500 000 homes to meet current demand.

Mexico City’s housing deficit outweighs expat demand . . .

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