By Scott Beyer | Forbes
The affordable housing shortage is a big issue in America, one that’s just now getting the national attention it deserves. Millions of Americans are affected, including ones who endure longer commutes, more cramped dwellings, and more failing units than they otherwise would, if more decent housing were well-located.
But compared to Mexico, we have it good.
I learned about this firsthand on a weeklong visit in October to Mexico City (CDMX). It’s in many ways a spectacular urban agglomeration. The 21.2-million-person metro is dense, walkable, transit-rich, and genuinely beautiful in the wealthy neighborhoods, with their historic architecture and green space. But look below the surface at how the average Mexican lives, and you’ll find hardship – with much of it tied to the housing situation. Below are three common characteristics.
