We’ll try to make this brief since *cough* we have a date with the holiday punch bowl and we presume most of our assiduous readers are already there. Once again to our astonishment we find ourselves at the last working day of the year, feeling like we were just here a minute ago in 2016. But a lot has happened over the past year that is having a big impact on Mexico, North America and the rest of the world, so we’ll just throw out a few thoughts on the topic before we grab the Riunite out of the coffee nook fridge and head out to the house parties. Continue reading Mexico faces uncertainty in 2018
The earthquake that struck central Mexico on September 19, 2017 killed over 350 people and caused extensive damage to the capital city and surrounding areas. Many more people were injured and even more now must face the loss of their homes or businesses. As survivors of this event, Mexico Business Blog grieves for our friends, neighbors, colleagues and all those whose lives have been so brutally disrupted. The details and descriptions of the earthquake itself have been reported comprehensively elsewhere, so in this post we would like to present some observations from our own experience and address the future of our community in the near to medium term. Continue reading What will happen to Roma and Condesa?
Disclaimer: The topic of this post is the growth of Airbnb in Mexico City and its impact on the demographics of the city’s central zone. The conclusions presented here are drawn not from rigorous data analysis but rather from wild speculation based on our trips back and forth to the market and grocery store in the Colonia Roma neighborhood.
We have been dragging our ratty plastic market bag back and forth to Medellín market in Mexico City’s Colonia Roma for weekly food shopping since as far back as we can remember, which due to youthful excess only goes back to about the 1990s at this point. Outside of the recent boom in apartment building construction, the landscape didn’t change much over time, especially in the market: a demo heavily weighted toward middle aged neighborhood Janes kvetching about the skyrocketing price of chilacayote and what have you. But about three years or so ago, we began to notice an uptick in the number of young women of foreign appearance, many with yellow ponytails, along our customary route and in the market itself. The uptick has now turned into a veritable tsunami of foreign visitors in their early 20s, to the point where it seems unusual to hear Spanish spoken at the Sumesa grocery store on Av. Yucatán. What happened? Continue reading Airbnb growing like SCOBY in Mexico City