Part 6/9:
In October 2022, Mexico City's government signed agreements with Airbnb to solidify its standing as a remote work hub. While this partnership aims to generate $1.4 billion a year in tourism spending, many residents express skepticism regarding who benefits most from these initiatives. The expectation is that these agreements can lead to improved conditions for local residents and lesser-known neighborhoods by promoting longer stays.
Yet, it begs the question: Are the economic benefits overshadowing the residents’ grievances regarding the displacement and cultural changes? Activists like Sandra Valenzuela are raising awareness about these issues by creating art that critiques gentrification and calls for more affordable housing.