Mexico City is experiencing rising rental costs driven by gentrification and the influx of digital nomads. Recent protests by locals have led to Mayor Clara Brugada proposing regulations to control rent increases and create affordable housing. Her plan also involves regulating short-term rentals and Airbnbs to prevent displacement and maintain community integrity. Similar unrest has been observed in other countries facing tourism-related challenges. The mayor's initiatives aim to balance the rights of tenants and landlords while ensuring the local population remains in the city.
The increase in rents in Mexico City, especially in certain areas, have been excessively high, so the time has come to develop public policies that help us ease tensions in those areas.
Brugada plans on creating more affordable housing units to tackle gentrification head-on, while regulating short-term rentals and Airbnbs to prevent the displacement of people and communities.
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