Mexico City is home to more than 300 neighborhoods, but three to four are incredibly popular with foreigners and digital nomads. So much so, that rents and prices have gone up for locals and some are not too happy.
Mexicans believe Americans are taking advantage of low prices in Mexico during a time of inflation and moving into places with cheaper rent.
“I completely get it! I lived in a neighborhood in LA that was gentrified,” said Charles Julius, who lived in Los Angeles’ West Adams neighborhood as it gentrified over the last decade. He has moved to Mexico City to work on research. “I can understand people who might have a less positive view of it, but I hope to be more of a contributor versus someone who is here to only have fun.”
“A lot of Mexicans and foreigners are coming to this place to live,” said Edyta Norejko, ‘For House Mexico’ owner, a real estate company that specializes in finding foreign homes. She says 70% of her business comes from clients outside of Mexico who want to live in the country’s capital city.“I don’t think it’s a problem," said Claudia Romero. “I see more Americans, Chinese and Koreans and I think it adds to our culture.”
“Mexico has a lot to offer for you,” said Barragan, who hopes more visitors will dive into Mexico’s culture and language more as they visit or live in North America’s largest city.
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