Marketplace Morning Report Mexico City residents are fed up with gentrification
Sep 10, 2025
Residents in Mexico City are voicing their frustration over rising rental prices fueled by wealthier newcomers. Activists report that in La Condesa, up to 20% of homes are now short-term rentals, causing long-term locals to be displaced. Demonstrations have erupted, reflecting the clash between local culture and gentrification. Amid these challenges, the government’s response and the ongoing fight to preserve community identity are also examined. Plus, there’s some positive news about wholesale inflation that adds an intriguing economic twist.
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City Says It Will Tackle Gentrification
- Mexico City neighborhoods face rapid change as short-term rentals and foreign demand reshape housing markets.
- City government now claims it has a plan to regulate rents and build more affordable housing.
Activist Documents Mass Displacement
- Activist Sergio González describes recording over 4,000 forced displacement cases in La Juárez over a decade.
- He calls the situation an "urban war" about who has rights to the ground.
Dollar-Earning Visitors Reshape Streets
- Neighborhood character has shifted toward trendy coffee shops and boutiques catering to foreigners paid in stronger currencies.
- That shift fuels speculation and pricing that long-term residents call outrageous.