Thousands of protesters took to the streets of Mexico City on July 4, 2025, decrying a surge in rental prices attributed to an influx of foreign residents, particularly from the United States.
An estimated 10,000 demonstrators, led by the National Housing Coalition, marched from the Zócalo to the U.S. Embassy, waving banners reading “Affordable Homes for Mexicans” and “Stop Foreign Greed.” The unrest stems from a 40% rent increase in popular areas like Condesa and Roma since 2023, driven by 500,000 new foreign arrivals, including retirees and remote workers, following relaxed visa policies under President Claudia Sheinbaum.
Local activists report that average rents have risen from $800 to $1,200 monthly, displacing 15% of low-income families, with 3,000 evictions recorded in June alone. The government has proposed a $200 million housing subsidy, but critics argue it falls short of the $1 billion needed, with 60% of protesters demanding rent caps. U.S.
Ambassador Ken Salazar acknowledged the strain, promising dialogue, while real estate data shows foreign buyers now account for 25% of property transactions. The protests, marked by minor clashes with police, are set to continue on July 7, with organizers eyeing a national strike if demands are unmet, amid a 5% GDP growth fueled by tourism.