Mexico is the refuge of thousands of Americans avoiding the stress of high inflation and interest rates experienced in the United States by buying cheap houses facing the sea and white sand beaches of Cancun, Tulum, Puerto Vallarta, Los Cabos, and other cities.
The preference for Mexican real estate was seen in two months of this year when 300 apartments were sold to Americans, especially residents living in California, who paid more than $5 million pesos ($250,000 USD) for real estate in Tijuana.
“High inflation and interest rates in the United States, the Covid . . .
