Mexico is Getting Too Many American Workers
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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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