Good insight!. And they will be filled with MEXICANS just like in Guad., buying high spec products at modest prices. Mexicans are buying for their businesses and homes.

I agree and respect your expertise. I suspect that a lot of Mexicans want to sell while the demand from foreigners is high.

I wholeheartedly sgree.

I agree, hard data for real estate is hard to come by in Mexico. I only know what our clients and friends are doing here in CDMX. They don’t share the author’s optimism, they have, or are working on an exit strategy.

I can’t speak to mainland Mexio in regards to the real estate market. However, in the state of Baja California there is alot of new construction going on along the Tijuana Ensenada toll road from Playas de Tijuana south to Ensenada as well as in Ensenada. The area I live in just titled 180 new lots. Tijuana is in the process of building a new highway deck above the current highway adjacent to the border. Also, Tijuana is building an intercity freeway. There is an Ensenada Expats facebook page that illustrates the amount of people inquiring or moving to the area. Many of the people are from the US (lots from California, Arizona and Texas) as well as other countries.

In reference to the market area’s Lomas, Sante Fe, Polanco and surrounding areas; it is my opinion that any time you reference young people going to college that tells me the neighborhoods residents are aging.
With the ageing process in neighborhoods comes downsizing of properties, changing neighborhood environments (like traffic) unfortunate deaths and financial issues (etc). So, I am not sure without doing an in depth study why you see all the selling signs. This opinion is based on 30+ years of selling real estate.

I’d like to see some data on this, though I realize that the Mexico City (all over Mexico I believe) real estate market is inefficient and highly fragmented, so getting listings and sales data over time might be tough. My own anecdotes of Mexican friends is the opposite. One 30-something lived in California for five years, masters at Stanford (STEM, not gender studies—pheww!) but came back to CDMX 3 years ago to work in the family business. The wokeness in the US drove him nuts (and he’s gay, so that wasn’t the issue.) Another went to work in Chicago at the beginning of this year but after 5 or 6 months couldn’t stand it and came back to CDMX. And a third has lived in Montreal for 20 years and is plotting his return to CDMX to get away from the lefty/woke high tax clown show that Canada has become. It’d be good if we had some data on absorption rates over time. That’d make a good article from our MND friends 😉 😁