$277k in Florida
Posted on 07/27/2022 10:15:51 PM PDT by SeekAndFind
You’ve probably heard something by now about the horde of Californians who’ve been leaving the state and moving to states like Idaho, Oregon and especially Texas. Because of the high property values in California, these people often move into the nicest neighborhoods in their new city or town of choice. And because there are so many of these transplants they often drive up the local property values. That’s not always appreciated by the locals.
Today the LA Times reports there’s a similar problem in Mexico City where Americans, many of them from California, are fleeing not just their state but their country in order to take advantage of the much lower property values in Mexico City.
The influx, which has accelerated since the onset of the COVID-19 pandemic and is likely to continue as inflation rises, is transforming some of the city’s most treasured neighborhoods into
expat enclaves.In leafy, walkable quarters such as Roma, Condesa, Centro and Juarez, rents are soaring as Americans and other foreigners snap up houses and landlords trade long-term renters for travelers willing to pay more on Airbnb. Taquerias, corner stores and fondas — small, family-run lunch spots — are being replaced by Pilates studios, co-working spaces and sleek cafes advertising oat-milk
lattes and avocado toast.And English — well, it’s everywhere: ringing out at supermarkets, natural wine bars and fitness classes in the park.
The reasons for the influx are mostly financial. The article notes that while $2,000 a rent won’t get you much in Los Angeles or San Francisco, that’s enough to rent a penthouse apartment in Mexico City. But at least some of the locals are sick of the Americans who are gentrifying the city.
Recently, expletive-laced posters appeared around town.
“New to the city? Working remotely?” they read in English. “You’re a f—ing plague and the locals f—ing hate you. Leave.”
That sentiment echoed the hundreds of responses that poured in after a young American posted this seemingly innocuous tweet: “Do yourself a favor and remote work in Mexico City — it is truly magical.”
“Please don’t,” read one of the kinder replies. “This city is becoming more and more expensive every day in part because of people like you, and you don’t even realize or care about it.”
A 38-year-old university professor labeled the trend “modern colonialism.”
“Mexico is classist and racist,” Bustos said. “People with white skin are given preference. Now, if a local wants to go to a restaurant or a club, they don’t just have to compete with rich, white Mexicans but with foreigners too.”
Anyway, the story says that most locals are extremely polite to the Americans who are moving in to their luxury apartments. But I guess it’s not just people in Boise, ID and Austin, TX who get fed up with Californians showing up with a lot of cash and no respect for the local customs. Unfortunately for Mexico City, the exodus from California isn’t likely to stop anytime soon.
This is going to happen all over Central and South America; NAFTA was supposed to usher in (1999-2002 timeframe) a common currency and exodous of Americans throughout the hemisphere. It was believed that Americans would go to these countries and work remotely, or become shop keepers, and live in the most outstanding comfort available in those nations, pulling their standard of living up! As America sees the value of the dollar eventually break even with the “low” countries to the South, they will take their excesive monies South to where it gets them more, while the USA becomes more brown.
No one talks about this today, but as pressure on Americans to live as accustomed too becomes harder, many will make decisions if young and wealthy to move South. It is a win-win for humanity if you are into that sort of thing - of course, let’s hope those that go South do not take their political tenacle’s with them enslaving and consigning those nations to American DNC’ism.
And I’ve got such a long way to go (such a long way to go)
To make it to the border of Mexico
So I’ll ride like the wind
Ride like the wind
I had a friend from CA suggest this 6 months ago.
I will never go to Mexico again after being threatened by Federalies on last visit.
What a bunch of xenophobic hypocrites.
You forgot to specifically mention the rush hour traffic in Mexico City—it can be miles of gridlock—never seen anything like it.
See post 45—Gringos have figured out how to work around the “rules”.
They send us their murderers and rapists, and we send them our liberals. I’m not sure if that’s exactly a bad move or not.
RE: I’m not sure if that’s exactly a bad move or not.
It’s a glass half full. The best scenario would be — we send them our liberals to be replaced by the best conservatives Mexico has to offer.
If you don’t have class have a natural wine bars and fitness classes make the third world country think you have some fail ensues.
You know you suck if they don’t like you.
Ha ha ha!!!!
A nation of thieves and arrogant beggars. Work in a hospital ER like I do and see how these parasites game the system and we're paying for it.
Maybe Newsom can turn it around with some well placed advertising
$277k in Florida
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