Based off this reddit comment that I saw on the Mexico City expat article that went viral:
I'm in the USA but quite close to Mexico culturally and geographically.
I'm not defending one side or the other. I do think it's revealing, though, to consider why many people are moving from the USA: life here is getting objectively worse. A lot of people are moving in a panic. They can't afford a house in many major cities on their $75,000/year salary, but a nice apartment in CDMX with all the great things that it has to offer is within reach. The US is so polarized as to feel like it's on the cusp of a new Civil War, so people here are no longer talking about "political instability" in Mexico the way they used to. Inflation is hitting Mexico, but many parts of the US are getting hit even harder with negative cash flow. With rents rising and jobs becoming more demanding, leaving seems like the best way to save and retire.
Again, I'm not defending one side or the other. I understand that gentrifying has negative consequences (it priced me out of the housing market), and I understand that mass migration, particularly without great taxation, can have a negative effect on the most vulnerable. I just hope that you can all see that this isn't just a case of gringos wanting to live like kings and noticing that they can go to CDMX. It's being treated like a problem of digital nomads, but they're just the lucky ones who can leave easily. I think it's honestly the beginning of a wave of emigration from a country that is falling in the HDI, where wages are rising but purchasing power is falling, where political tensions are high, and where violence and corruption are increasingly widespread. People just want out.
Think what's he saying is true?
I'm in the USA but quite close to Mexico culturally and geographically.
I'm not defending one side or the other. I do think it's revealing, though, to consider why many people are moving from the USA: life here is getting objectively worse. A lot of people are moving in a panic. They can't afford a house in many major cities on their $75,000/year salary, but a nice apartment in CDMX with all the great things that it has to offer is within reach. The US is so polarized as to feel like it's on the cusp of a new Civil War, so people here are no longer talking about "political instability" in Mexico the way they used to. Inflation is hitting Mexico, but many parts of the US are getting hit even harder with negative cash flow. With rents rising and jobs becoming more demanding, leaving seems like the best way to save and retire.
Again, I'm not defending one side or the other. I understand that gentrifying has negative consequences (it priced me out of the housing market), and I understand that mass migration, particularly without great taxation, can have a negative effect on the most vulnerable. I just hope that you can all see that this isn't just a case of gringos wanting to live like kings and noticing that they can go to CDMX. It's being treated like a problem of digital nomads, but they're just the lucky ones who can leave easily. I think it's honestly the beginning of a wave of emigration from a country that is falling in the HDI, where wages are rising but purchasing power is falling, where political tensions are high, and where violence and corruption are increasingly widespread. People just want out.
Think what's he saying is true?