Puerto Vallarta, Mexico – In a recent address, President Andrés Manuel López Obrador acknowledged the pervasive issue of real estate corruption in Puerto Vallarta and other parts of the country, urging municipalities to exert greater control over development projects and prioritize the preservation of natural landscapes for tourism.
During his speech, President López Obrador emphasized that the problem of “real estate cartels” is not confined to certain high-profile areas like the Benito Juárez, Miguel Hidalgo, and Álvaro Obregón municipalities in Mexico City, but is a nationwide concern. He stressed the need for continued efforts to expose and combat corruption within the real estate sector, which he described as rampant across the country.
“We must continue to denounce everything that has to do with business, but more than anything with corruption in real estate, because it is not just Benito Juárez, it is the entire country,” the President stated. He expressed frustration over the influence of these cartels, citing personal experiences in Veracruz where he witnessed unauthorized and unsightly developments, such as the Torre Centro building in the Historic Center of the Port of Veracruz.
López Obrador pointed out that this type of corruption is also prevalent in Quintana Roo and Puerto Vallarta, Jalisco. However, he admitted that his administration would not have sufficient time to establish comprehensive development plans for all municipalities before the end of his term. He indicated that addressing these issues would be an ongoing challenge for future administrations.
The President’s remarks highlighted the urgent need for municipal governments to implement stricter controls on development to prevent further environmental degradation and to maintain Mexico’s natural beauty, which is a significant draw for tourists. “With all due respect: you want to see buildings, with all due respect, go to Miami, but if what you want is nature, sea, jungle, then not this (Torre Centro), the same here (in Mexico City). There has to be more control,” he asserted.
López Obrador’s call to action underscores the importance of sustainable development practices and the protection of natural resources. It also reflects a broader commitment to addressing corruption at all levels of government, ensuring that economic growth does not come at the expense of Mexico’s rich environmental heritage.
The Real Estate Cartel is a term used to describe public officials who accept bribes from developers to approve permits and overlook building and safety violations.
As Puerto Vallarta continues to attract both tourists and real estate investors, the President’s acknowledgment serves as a critical reminder of the need for balanced development that safeguards the interests of both the local community and the natural environment.
Puerto Vallarta, Mexico - In a recent address, President Andrés Manuel López Obrador acknowledged the pervasive issue of real estate corruption in Puerto Vallarta and other parts of the country, urging municipalities to exert greater control over development projects and prioritize the preservation of natural landscapes for tourism.
