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Time Out
24-07-2025
- Politics
- Time Out
Mexico City is cracking down on digital nomads – here's how
After thousands of chilangos (slang for Mexico City natives, FYI) poured into the streets of the capital to protest gentrification and rising living costs earlier this month, Mexico City's mayor, Clara Brugada, has come up with a preliminary plan that could help regulate rent across the city. The plan, unveiled by Brugada and her party, tackles skyrocketing costs head-on with regulations that could prevent landlords from putting astronomical rent prices on properties, while also publishing a list of rental proposals that could help balance the housing market. 'We want the population living in Mexico City to stay in Mexico City,' Brugada said, according to Mexico News Daily. '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.' And Brugada isn't stopping there. She also 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, establish a balance between the rights and obligations of landlords and tenants, regulate temporary accommodation platforms and create a public body to uphold, guarantee, and monitor compliance with the law and punish abuses,' the mayor said. Mexico is the latest country to vocalise its unrest between locals and foreigners, following countries like Spain, Greece, Portugal and Germany, who have been protesting the same issues these past few years after influxes of tourists and digital nomads moved abroad to take advantage of cheaper living costs. But alas, with their higher spending power comes higher repercussions for locals, especially in Mexico after Covid, when tonnes of tourists moved over for its affordable costs and lighter pandemic restrictions. It got worse in 2022 when Mexico's former mayor and current president, Claudia Sheinbaum, signed an agreement with Airbnb and UNESCO in 2022 to attract tourists and digital nomads. Clearly, it worked. 'Intolerance towards foreigners has also increased since the new US administration, as we've seen a lot of intolerance toward Mexicans living in the US on the news,' says 30-year-old Mexico City native, Isabel Toporek, who lives in the Colonia Escandón neighbourhood and has experienced the city's cost-of-living crisis first hand. 'We've seen changes in rent, restaurant, and cafe prices, and associate this with the many foreigners – especially Americans. The protests reflect this anger. However, my annoyance isn't directed at foreigners, but at the situation affecting my wallet. I believe the best solution is to keep prices in gentrifying areas relatively neutral.' Others believe it's time to tax the tourists. Sixteen-year-old Emiliana Rey Maza, who lives in Tlalpuente, says she has friends who are struggling to make rent. 'We're paying more for foreigners to be here. It's only fair that they pay, too, maybe through a tax or visa system.' While it'll take more than a policy proposal to fix the issues associated with a high cost-of-living and gentrification, Mexico City is at least making moves to find the solution. We can only hope that other countries with the same struggle will follow suit.
Yahoo
06-07-2025
- Business
- Yahoo
Here's How Much a House in the US Costs Compared to Mexico, Canada and China
As the world becomes more interconnected, more people are considering living abroad, from countries neighboring the U.S. to across the globe. However, the price of international property is far from consistent, varying substantially by region. Find Out: Learn More: While hopeful homeowners looking in Mexico will find average home prices substantially below the national average, those looking in Canada may have to pay more. China's home prices, on the other hand, are only slightly less per square meter than those in the United States. Here's precisely how much a house costs in the U.S. compared to in Mexico, Canada and China. According to Zillow, the average home value in the United States in 2025 is $367,969, a 0.8% increase compared to last year. The median list price is $409,933 as of May, and in April the median sale price was $357,600. Homes are selling relatively quickly in the country, going pending after around 17 days on the market. The tech real estate company notes that as of spring 2025, the U.S. is in a seller's market. Homebuyers hoping to purchase property south of the border are in luck, considering houses are considerably more affordable in Mexico compared to the U.S. Mexico News Daily, the country's English-language newspaper, notes that the average home price in Mexico was 1.724 million pesos between January and June of 2024, or $92,500 when converted to American dollars. The price, however, did mark a 10% increase in cost compared to the previous year. People looking to relocate to the United States' northern neighbor might be paying more for property compared to what they are used to. According to the Canadian Real Estate Association (CREA), the average home price in Canada in 2025 is $691,299. Using today's exchange rate, this means that the average Canadian home price is around $504,787, considerably higher than the national average in the US. The value, however, does represent a 1.8% decrease from the average Canadian home price in 2024. In China, home prices are typically viewed in terms of cost per square meter. According to Global Property Guide, home prices and rent are still declining throughout the region. As of March 2025, the price per square meter for newly constructed property in China was 16,740 RMB or $2,334. The significant difference lies in the average income-to-average house price ratio. In China, housing prices have long outpaced income, making the market nearly unaffordable. New policies have helped to cool the market, bringing down prices for new construction and second-hand homes. Homebuyers looking to move to the U.S. or relocate to another country will also want to be aware of the potential role that tariffs may play in pricing. The National Association of Home Builders estimates that tariffs could affect the cost of a new home by $10,900. Tariffs increase the cost of construction supplies and can negatively impact the supply chain. While some tariffs have been paused, many remain in limbo, leaving construction companies to wonder whether prices for items like Canadian lumber will rise in the near future. International housing markets have also been impacted by these tariffs, driving up the costs of new builds and renovations. More than anything, the tariffs seem to have caused uncertainty in the markets, which is always challenging and tends to deter buyers and sellers from making any significant moves. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 7 Luxury SUVs That Will Become Affordable in 2025 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses This article originally appeared on Here's How Much a House in the US Costs Compared to Mexico, Canada and China
NDTV
23-05-2025
- NDTV
Mexican Drug Lord El Chapo's Ex-Wife Among Relatives Who Surrendered To US: Report
At least 17 relatives of drug lord Joaquin "El Chapo" Guzman Loera crossed the US border as part of a secret plea agreement with the Federal Bureau of Investigation (FBI) officials, multiple reports said. The group, which turned themselves in to the FBI at the border between Tijuana/San Diego, included the ex-wife of the notorious former Sinaloa drug cartel boss and their daughter, Mexico News Daily reported. The surrender is reportedly tied to a secret plea deal with the US government in connection with the case against El Chapo's son, Ovidio Guzman Lopez, also known as "El Raton" or "The Mouse." On Monday, journalist Luis Chaparro said on his online programme, Pie de Nota, that Griselda and a daughter of Guzman were among those who crossed into the United States. "According to the reports from our sources, the family turned themselves in to the FBI at midday last Friday at the San Ysidro port of entry in Tijuana. According to the information from the same sources, among these people are Griselda Lopez, mother of Ovidio, several nephews and nieces, a grandson by the name of Archivaldo, and a daughter of Chapo, together with a son-in-law," the journalist was quoted as saying by the Mexico News Daily. Mr Chaparro added it was unclear why the family members handed themselves in to the FBI. Speaking with the Spanish-language outlet Radio Formula on Wednesday, Mexican Security Secretary Omar Garcia Harfuch said, "It's clear that with his family going to the United States, it's connected to this negotiation or plea deal opportunity provided by the Department of Justice itself." Ovidio was extradited to the US in September 2023, eight months after being apprehended in a huge operation by heavily armed Mexican police that left 29 dead. Lopez, 35, one of the four El Chapo's sons, was charged with drug trafficking, money laundering and other counts. His plea hearing is scheduled for July 9. Griselda Lopez Perez and her relatives reportedly carried more than US$ $70,000 in cash when they crossed the border. "This act of getting his family to safety could be a sign that Los Chapitos might be losing the war in Sinaloa or that the war is going to get a lot worse," Chaparro added. The terms of the potential plea offer and its connection to the family's arrival in the US have not been disclosed by US prosecutors, The New York Post reported. The elder Guzman was arrested and extradited to the United States in 2017, where he was eventually convicted of narcotics trafficking, money laundering, and other counts and sentenced to life in prison.
New York Post
14-05-2025
- New York Post
El Chapo's ex-wife, daughter among 17 relatives who crossed US border in surprise deal: reports
It's a crime family affair. The ex-wife of jailed Mexican drug lord Joaquin 'El Chapo' Guzman and 16 other relatives strolled across the US southern border as part of a secret plea deal with the feds, according to reports. Griselda Lopez Perez, who was married to the notorious former Sinaloa drug cartel boss, her daughter and other kin entered the US at the Tijuana/San Diego crossing Friday — a move believed to be tied to the government's case against El Chapo's youngest son, Mexico News Daily reported. 5 Drug trafficker El Chapo's ex-wife and 16 other relatives entered the US Friday as part of a deal with the feds. Blog del Narco 'It's clear that with his family going to the United States, it's connected to this negotiation or plea deal opportunity provided by the Department of Justice itself,' Mexican Security Secretary Omar Garcia Harfuch told the Spanish-language outlet Radio Formula on Wednesday. Video footage posted on X by the outlet on Tuesday shows the drug trafficker's family lugging suitcases as they wait to be processed at the border — reportedly packing $70,000 in cash with them. Griselda's son with the drug lord, Ovidio Guzman Lopez, a narcotrafficker known as 'El Raton,' or the Mouse, was extradited to the US in September 2023, eight months after he was captured in a massive raid by heavily armed Mexican police that left 29 dead. 5 Griselda Lopez Perez, the ex-wife of jailed drug lord Joaquin 'El Chapo' Guzman, entered the US with 16 relatives. 5 Ovidio Guzman Lopez, the youngest son of jailed drug lord Joaquin 'El Chapo' Guzman, is facing charges in Chicago. Guzman Lopez, 35, is one of the four El Chapo sons known as 'Los Chapitos,' and was charged with drug trafficking, money laundering and other counts after being extradited to the US. According to court records, he pleaded guilty to five counts in the federal indictment and was scheduled for a 'status hearing' in the case in Illinois on Monday — three days after his mom crossed the border. However, those proceedings were scrapped, and he is now due to appear for a plea hearing on July 9. US prosecutors have not revealed the terms of a possible plea offer nor how the family's arrival may be tied to it. The Mexican ministry told CNN that the relatives themselves were not wanted on charges there. 5 Joaquin 'El Chapo' Guzman, once one of the world's most powerful drug traffickers, is serving life at a Colorado prison. Newsflash 5 Ovidio Guzman's pending guilty plea is believed to be behind his family's deal with the FBI to enter the US. Blog del Narco The elder Guzman was once one of the most powerful drug traffickers in the world. Under his leadership, the Sinaloa cartel grew to one of the largest importers of narcotics into the US. He was arrested and extradited to the US in 2017 and was later convicted on drug trafficking, money laundering and other charges and sentenced to life in prison. He is being held at ADX Florence, a supermax prison in Colorado.
Yahoo
07-05-2025
- Climate
- Yahoo
Officials issue critical update on historic crisis facing world capital: 'It literally changed my life'
After coming dangerously close to a full-blown water crisis last year, Mexico City is finally seeing a bit of relief. The Cutzamala reservoir system, which supplies about one-third of the city's water, has rebounded to 56% capacity as of April 1, according to Mexico News Daily. That's a significant jump from just 34.7% this time last year. It's a much-needed boost after a tough stretch marked by prolonged drought, delayed rainfall, and record-breaking heat. But while officials are cautiously optimistic, they're not celebrating just yet. Water levels are still far below historic norms — in 2019, the reservoir was more than 80% full. And the big question remains: How long will this improvement last? So far in 2025, the region has recorded no rainfall. Meanwhile, temperatures are climbing — and with them, water demand. In March alone, usage spiked from 8.64 to 10.95 cubic meters per second, according to Mexico News Daily — a sharp increase in just a few weeks. At the same time, the infrastructure is under serious strain. The Cutzamala system is more than 40 years old, and over 40% of its water is lost to leaks before it ever reaches homes and businesses, according to a study cited by MND. City officials are looking to the future. Mayor Clara Brugada has rolled out a plan to cut Mexico City's dependence on the Cutzamala system by half over the next two years, MND reported. That effort includes expanding water purification plants to serve communities that have long struggled with access, particularly in water-scarce boroughs like Iztapalapa and Xochimilco. Across the country, others are stepping up, too. In the drought-prone mountains of Oaxaca, a group of Indigenous Zapotec women are reclaiming ancestral knowledge to build water resilience from the ground up. With help from the nonprofit Grupedsac, they've installed rainwater catchment tanks, adopted drought-resistant farming techniques, and built composting toilets — all while strengthening their roles as community leaders. "It literally changed my life," said Agustina Ortiz, one of the women leading the effort. The project has not only improved access to clean water but also empowered women with financial and emotional tools to uplift entire villages. Back in Mexico City, the message is clear: progress is possible — but only if today's break in the crisis is used to prepare for tomorrow. Individuals can make a difference, too, as this guide covers some steps anyone can take around their own homes to use less water. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
