I watched Mexican workers build two stories of a new hotel in cancun. About 10 guys and five gallon buckets with a hand operated bender for the rebar.
Considering Mexican construction standards, I can see why people might be reluctant to buy. Mexican sidewalks are dicey at best.
Oh yes the unfinished or vacant medium rise office or apartment buildings in seemingly tight markets? I saw that first in 1987 in Stamford CT. Apparently there are subsidies given to builders if buildings are unoccupied to keep them building more buildings. It was the strangest thing to me at the time? Unoccupied for years, then in one week the finish work and landscaping gets done and bam! Occupied!
Mexican sidewalks:
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I had a coworker who stepped on a wooden plank on a sidewalk in Ensenada and it broke and she fell through. She broke her leg.