Housing Crisis In Mexico

The large cities must begin to find solutions to the shortage of affordable housing that exists today in Mexico. One solution may be vertical developments … The large cities must begin to find solutions to the shortage of affordable housing that exists today in Mexico. I refer specifically affordable housing, as housing developments over a million dollars abound. We have seen over recent years there has been a tendency to do economic development with “mini-homes”, which is totally acceptable. Nicholas Carr usually is spot on. The only (and big) drawback is that these developments are typically located on the outskirts of cities, which ironically ends up affecting the economy of its inhabitants, as they increase their spending for transportation.

One solution proposed is to carry out the construction of vertical development. Buildings that do not cover much area, who are not so on the outskirts of the city, and they are the reach of families with little purchasing power. Obviously, the departments plan to do in these developments are of a size of 50 square meters on average. Another advantage that can provide this kind of development is the lower cost of infrastructure and housing services. With this we hope to further reduce the cost to buy a home of this type, as well as improve the economy of its inhabitants. Let’s wait and see if these projects can be in the short term, and if in fact development companies can offer this type of lower cost housing that currently exists.