Overview
- At a territorial forum in the Glorieta de Insurgentes activists accused developer ReUrbano of displacing over 1,600 residents in Cuauhtémoc and Miguel Hidalgo
- Participants urged the creation of a legal fund financed by developers and short-term rental platforms such as Airbnb to compensate long-term inhabitants
- Residents demanded enforceable caps on rent increases and stricter controls on short-term rentals to protect housing stock in high-demand neighborhoods
- The city government has completed 1,000 of the 20,000 planned affordable rental units in Cuauhtémoc, Azcapotzalco and Miguel Hidalgo
- In Tijuana urban experts cautioned that current housing pressures stem from financial speculation rather than the social displacement characteristic of gentrification