• Mexico is Getting Too Many American Workers

    From Technobarbarian@21:1/5 to All on Wed Sep 14 07:26:23 2022
    "Boon or threat? Mexico City wrestles with influx of remote U.S. workers Reuters
    September 13, 2022"

    "By Alberto Fajardo, Roberto Ramirez and Josue Gonzalez

    MEXICO CITY (Reuters) - In a trendy part of Mexico City, in a park
    surrounded by hipster coffeeshops and restaurants, stands a figure
    dressed in white with hands in prayer like a Catholic statuette: the
    so-called patron saint against gentrification.

    Sandra Valenzuela, a Mexican activist, created the statue to rally
    neighbors against what she regards as a rising threat to her community
    and others in the Mexican capital.

    A wave of international visitors predominantly from the United States
    has poured into Mexico City's cafes, parks and AirBnbs as they work
    untethered from daily office commutes by the COVID-19 pandemic.

    Nearly two million foreigners touched down at the Mexico City
    International Airport in the first half of 2022, inching toward the
    record 2.5 million arrivals in the first half of 2019. Meanwhile, demand
    for short-term rentals across Mexico City surged 44% over the same
    period, according to AirDNA, a market research company that analyzes
    online rental listings."
    [snip]

    Even relatively well off Mexicans are getting priced out of some neighborhoods. This problem should ease off significantly when Starlink
    becomes available in Mexico. There are many places south of the border
    that are a lot nicer and cheaper than Mexico City. OTOH, they'll
    probably get a lot more Americans and other remote workers flooding into
    the country. Mexico has always drawn a lot of Canadians and Europeans.

    TB

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