16 million Americans reached Mexico in the pursuit of cheap: Inflation increased

16 million Americans reached Mexico in the pursuit of cheap: inflation increased here too; Because of this the local people had to leave the city.

Aug 29, 2022 - 07:43
16 million Americans reached Mexico in the pursuit of cheap: Inflation increased

With the increasing number of Americans in Mexico City, the city's inflation is increasing. This has increased the difficulties of the local people. As a result, locals are either leaving the city or are forced to move to the outskirts of the city.
In fact, many companies in America have given permanent work from home to their employees even after the end of Corona. In such a situation, American workers doing work from home forever are leaving expensive cities like Los Angeles and New York to live in Mexico City, the capital of neighbouring Mexico. It has ample facilities and is much cheaper than in American cities.
According to the figures from the US State Department, 1.6 million Americans are living in Mexico. According to Mexican government figures, 5.3 million American air travellers have arrived in Mexico in the 5 months from January to May this year. Due to the large population of Americans, landlords here are renovating old homes for rent.
On one hand, many people are happy to come to his whistle and on the other hand, some people are writing 'Please leave, we don't want you here' (go away, we don't want you here) in many places. “I get dozens of calls every week from the US for homes in Mexico City,” says real estate agent Edita Norejko. They are earning well. Here they get a quality of life cheaply, which saves them a lot.
According to the tourism secretary of Mexico, in the first 5 months of this year, only 92 thousand crore rupees were earned from tourists from America. Local Bustos Gorozpe says, 'Money is coming into the country due to the arrival of Americans, but it has been limited to a few hands. Many areas have become so expensive that local people have to be displaced. Now English is heard more in Mexico than in Spanish.
Some Americans speak broken Spanish and expect locals to understand English. This is causing anger among the local people. 'Local homeowners have renovated their homes according to them for wealthy Americans,' he says. This has increased the rent, which the locals cannot pay. 'They were tourists, suddenly they have become neighbors,' says the local Ortiz.
Eric Rodrigue, 37, is an economic development analyst at the American firm. He came here as a tourist. He used to pay around Rs 2 lakh for a studio apartment in San Diego. Here one bedroom apartment has been found for only 60 thousand rupees. They want to save money with a quality life. He says, 'Earlier we were welcomed here, but now it is not like that. Many complaints have also been received. Looks like I won't be able to stay here for long.

Muskan Kumawat Journalist & Writer