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How the Path to Home Ownership Runs Through Mexico

nytimes.com

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Re: How the Path to Home Ownership Runs Through Mexico

#61

Post by foogazi »

ChuckNorris89 wrote: post #4

And what's the path to home ownership for Mexicans being priced out by Americans? I'm not Mexican nor American, but I'm against this economic neocolonialism where rich countries get to export their self inflicted housing issues by pricing out the locals in cheaper countries who, through no fault of their own, get the short end of the stick by means of capital leverage, or lack thereof. Laws should be passed in each c…

> And what's the path to home ownership for Mexicans being priced out by Americans?

(I’m mexican from Tijuana)

They’ll either stay in the non-gentrified areas or move to other parts of Mexico

Mexico is a big country, and Tijuana is already one of the most expensive cities in Mexico

There’s expensive condo buildings going up all over the city:

2br, 1 ba, 1,400 sqft - $418,000 USD

https://www.point2homes.com/MX/Condo-For-Sale/Baja-Californi...

I’d rather buy in San Diego than Tijuana

> Laws should be passed in each county to protect the locals from this

Mexico already has laws limiting direct foreign ownership of land.

Re: How the Path to Home Ownership Runs Through Mexico

#62

Post by colpabar »

nine_zeros wrote: post #46
colpabar wrote: post #40

Earlier quoted context omitted.

Does it though? A few years ago, google opened an office in a relatively boring area of my small city, which is on the border of an area with a lot of low-income residents. Now, that place is full of nice restaurants and super expensive high rise apartment buildings. It's a nice place now. But you know who I never ever see there anymore? The people that were living there before google came!

> But you know who I never ever see there anymore? The people that were living there before google came! Who exactly is working in said restaurants? Also, what do you think low income people do once they get a higher income? Could they move out somewhere for a better life for themselves? If you are unhappy about not being able to see poor people but the poor people are happy about exiting their previous way of life,…

Of course it's a good thing if people are able to move up and do better economically. But it seems like a huge stretch to assume that's what happens to existing residents when gentrification happens.

Re: How the Path to Home Ownership Runs Through Mexico

#63

Post by eddof13 »

wing-_-nuts wrote: post #43

One thing that I think isn't treated seriously enough is the sheer amount of violence in mexico. The article downplays it; says it's only an issue with those involved in the drug trade, or in certain neighborhoods. Go watch 'cartel land'. Mexico is basically a failed narco-state in many provinces. You'll forgive me if I'd rather not live there. Hell, I have concerns that prevented me from traveling there for the 2024…

I'm American and I've lived here four years now. Knock on wood, but I've yet to even see a crime. That's not to say it doesn't exist, I've heard of petty theft, muggings, and burglary, as well as narco gunfights etc. However, I can assure you that's located to particular regions.

Natural causes- natural to the line of work they're in

Re: How the Path to Home Ownership Runs Through Mexico

#65

Post by wing-_-nuts »

jimt1234 wrote: post #56
wing-_-nuts wrote: post #43

One thing that I think isn't treated seriously enough is the sheer amount of violence in mexico. The article downplays it; says it's only an issue with those involved in the drug trade, or in certain neighborhoods. Go watch 'cartel land'. Mexico is basically a failed narco-state in many provinces. You'll forgive me if I'd rather not live there. Hell, I have concerns that prevented me from traveling there for the 2024…

I really dislike this attitude. I think it's over-hyped in the US media. Yes, there's violence in Mexico. But, as I always say: As long as you're not looking for cocaine or prostitutes, you'll be fine. I've been going to Mexico, including Tijuana, for 30 years, probably between 500 and 1000 times. I've seen crime, but never any sort of narco violence or mass shootings or whatever. My biggest concern in Mexico is gett…

My dude, they kill people and hang them from bridges in northern mexico. They kidnapped a school bus of kids and slaughtered them.

I realize the US has violence as well, but at least it's usually one deranged guy, or two gangbangers that have a beef. In mexico it's organized violence. This isn't the work of one crazy guy, it's the work of an organization which does it to terrorize the local population.

Seriously. Go look at the US state department guidelines for travel to various Mexican provinces. This is not just something that's overhyped in the media. If the state department is telling you that you should not visit large swaths of mexico, that's a stone sober assessment based on real evidence.

https://travel.state.gov/content/travel/en/traveladvisories/...

Re: How the Path to Home Ownership Runs Through Mexico

#66

Post by nine_zeros »

colpabar wrote: post #62
nine_zeros wrote: post #46

Earlier quoted context omitted.

> But you know who I never ever see there anymore? The people that were living there before google came! Who exactly is working in said restaurants? Also, what do you think low income people do once they get a higher income? Could they move out somewhere for a better life for themselves? If you are unhappy about not being able to see poor people but the poor people are happy about exiting their previous way of life,…

Of course it's a good thing if people are able to move up and do better economically. But it seems like a huge stretch to assume that's what happens to existing residents when gentrification happens.

That's because gentrification in America displaces lower income but gentrification in developing countries is more mixed and brings growth. Make some restaurants near a poor area in Mexico, the poor are happy to earn and not have travel 30 miles for work. 5 years in, they will leave to a cheap suburb or rural area.

Re: How the Path to Home Ownership Runs Through Mexico

#68

Post by notch656a »

wing-_-nuts wrote: post #65
jimt1234 wrote: post #56

Earlier quoted context omitted.

I really dislike this attitude. I think it's over-hyped in the US media. Yes, there's violence in Mexico. But, as I always say: As long as you're not looking for cocaine or prostitutes, you'll be fine. I've been going to Mexico, including Tijuana, for 30 years, probably between 500 and 1000 times. I've seen crime, but never any sort of narco violence or mass shootings or whatever. My biggest concern in Mexico is gett…

My dude, they kill people and hang them from bridges in northern mexico. They kidnapped a school bus of kids and slaughtered them. I realize the US has violence as well, but at least it's usually one deranged guy, or two gangbangers that have a beef. In mexico it's organized violence. This isn't the work of one crazy guy, it's the work of an organization which does it to terrorize the local population. Seriously. Go…

I mean the US has organized violence too. A couple instances that come to mind are the MOVE bombing where Philadelphia PD bombed 5 children, and Waco where the ATF/FBI employment of dangerous CS canisters appears to have caused 26 children to burn alive. Photos of the aftermath show agents proudly standing over the rubble of the dead children.

Re: How the Path to Home Ownership Runs Through Mexico

#69

Post by tormeh »

colpabar wrote: post #47
tormeh wrote: post #42

Earlier quoted context omitted.

If they owned their homes that’s because they cashed out. If not then sorry, a chance of displacement is a part of renting, so you gotta live with it. Also: Build more housing - zoning delenda est.

> If not then sorry, a chance of displacement is a part of renting, so you gotta live with it. But you understand that these people are renting because they have no other choice, right? And I don't think "they cashed out" is the only explanation - there's also the possibility that they could no longer pay their property taxes. Your comment comes across as extremely tone deaf to the reality that a lot of people will a…

This will continue as long as rising property values is seen as a good thing. That’s why local governments promote price growth through land-use regulations.

Re: How the Path to Home Ownership Runs Through Mexico

#70

Post by lelanthran »

colpabar wrote: post #47
tormeh wrote: post #42

Earlier quoted context omitted.

If they owned their homes that’s because they cashed out. If not then sorry, a chance of displacement is a part of renting, so you gotta live with it. Also: Build more housing - zoning delenda est.

> If not then sorry, a chance of displacement is a part of renting, so you gotta live with it. But you understand that these people are renting because they have no other choice, right? And I don't think "they cashed out" is the only explanation - there's also the possibility that they could no longer pay their property taxes. Your comment comes across as extremely tone deaf to the reality that a lot of people will a…

> But you understand that these people are renting because they have no other choice, right?

That doesn't change the fact that renting is, by definition, non-permanent while ownership is permanent.

What do you suggest as an alternative? That all ownership be done away with? That a special exception for ownership of things be made if the thing in question is land or houses? That ownership of things that is either land or houses be limited? Taxed higher?

Government protecting the right to own things is the basis of civilisation.

Residential renters have their own protections too, in many places, allowing for renters to sometimes live for extended periods rent-free. There are limits on the rental adjustments, limits on evictions, etc.

A solution could be to encourage more housing to be built. Another one is to encourage economic development in other areas, so renters can move to other areas where they can afford to buy.

Insisting that people should not have to move and should be able to purchase their own home where they are, AND if they want to rent, then they never have to move again is simply unreasonable and ridiculous.

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