See every side of every news story
Published loading...Updated

As Foreign Money Gentrifies Mexico’s Capital, Locals Ask: Whose City Is It?

MEXICO CITY, MEXICO, JUL 15 – Mexico City appointed an operative to manage protests against rapid gentrification driven by digital nomads and wealthy foreigners, with housing costs rising 44% from 2016 to 2020.

Gentrification has sparked anger at foreigners in Mexico City, prompting residents and activists to look for creative ways to build an inclusive city.

10 Articles

On social networks, a video has gone viral that has sparked a wave of criticism and comments from users: the traditional “old iron” ad that is often heard in the streets of Mexico was translated into English. In the clip, the classic message is clearly heard: “They buy: mattresses, drums, refrigerators, stoves, washing machines, microwaves or some old iron that they sell...” but now in a completely Anglo-Saxon version.

The camp contemplates actions to stop the excessive rise of rents, regulate lodging platforms and protect community roots

·Mexico
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left
50% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

| broke the news in on Tuesday, July 15, 2025.
Sources are mostly out of (0)