Some areas popular with tourist, including Puerto Vallarta, Veracruz, and Tijuana rank above the national average as high as 16% to 20% for abandoned properties.
In Puerto Vallarta the most affected communities are outside of the tourist zone and largely an unnoticed problem that contributes to vagrants and crime in the outlining areas.
Mexico’s uninhibited or abandoned real estate market is much higher than countries currently facing or emerging from an economic crisis.
Ireland ranked second in the list with a heavily hit housing bubble at 13.8%, the United States coming out of an economic crisis over the . . .
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