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news El Financiero 2026-05-07

Mexico City Introduces Rent Control Law Amid Housing Crisis

Mexico City's new 'Fair, Reasonable, and Affordable Rents Law' aims to limit rent increases to inflation, create a mediation institution, and constitutionally protect community ties. The initiative seeks to address rising rents and displacement, though its effectiveness against pre-existing pressures like the 2026 World Cup is questioned.

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