US EditionAgita Gentrification Mexico City: Unreachable Housing and Silent Demolition
7 Articles
7 Articles
Mexico City, Jul 11 (EFE).- When Cuban actor Pedro Luis Sicard moved to the Condesa colony of Mexico City in the 1990s, renting a house cost about $100 a month, a price that today is multiplied by up to 40 - exceeding 4,000 dollars - in this and other neighboring neighborhoods where gentrification has triggered public debate after the recent protests.
The recent march against gentrification in Mexico City has put at the center of the debate a crucial issue not only for the capital, but for the whole country: access to housing. Currently, in Mexico City we have approximately 2.2 million housing units for a population close to 9.5 million inhabitants. Of this total, an estimated 25,000 housing units are listed on platforms such as Airbnb, which represents just 0.26% of the real estate offer.
Currently, renting a three bedroom apartment in the area costs from $1,500 to $4,500 per month.
The historic center is empty of residents and traditional trades, while increasing boutique cafes and Airbnb CARLOS RUIZ/PORTAVOZ PHOTO: ALEJANDRO LÓPEZ The city that was once indigenous transit territory today faces a paradox, San Cristóbal de Las Casas, colonial jewel, is fragmented between the tourist postcard and the exclusion of its historical inhabitants.The urban expansion and pressure of the real estate capital have turned this city into…
A few days ago, the CDMX was the scene of a march against gentrification, a protest that, according to the Chamber of Commerce of Mexico City, left a loss of 12 million pesos between material damage and unrealized sales. March against gentrification // Photo: Cuartoscuro March against gentrification in CDMX leaves millionaire losses Although it began as a peaceful march, shortly after it began it became a protest with violence, since several peo…
Hilda Castellanos-LanzarinThe march against gentrification carried out on Friday, July 4, was the fifth most expensive of the year for the tourist sector of the capital of the country, with losses amounting to more than 12 million pesos, reported the Association of Hotels of Mexico City (CDMX). Its president, Javier Puente, detailed that the march left for sales not made about 9 million pesos and material damage for 3 million pesos in establishm…
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