Overview
- Rents in core neighborhoods such as Roma, Condesa and Juárez have climbed as much as 40% over two years, forcing many long-time residents to relocate to the city’s outskirts.
- A July 4 demonstration against gentrification escalated into violence and xenophobic chants, highlighting deep community frustration over housing affordability.
- On July 10, CDMX legislators introduced two Morena-backed bills: one to establish a land bank for social and affordable housing and another to tighten oversight against real estate corruption.
- Local officials are drafting rent-control regulations and planning major social-housing investments in response to public outcry and record real estate prices.
- Experts warn the city must build about 60,000 new housing units annually but delivered only 3,500 in 2023, and they call for serious densification, infrastructure upgrades and streamlined permitting to close the gap.