Mexico City tackles housing crisis with rental options and social housing for young residents.

Mexico City's young residents are struggling with a severe housing crisis, characterized by a shortage of 800,000 homes and a 6.6% rise in house prices. Mayor Clara Brugada is addressing the issue by introducing rental options for young people with a buy-option, and constructing social housing units where rents won't exceed 30% of students' income.

November 15, 2024
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