Mexico amends its constitution to cut the maximum workweek from 48 to 40 hours by 2030 and gives 13.5 million workers the legal right to ignore their boss's
That’s already a problem in Mexico. American immigrants have been moving to the nice parts of Mexico, and they have been inflating the ever living fuck out of the prices there. American money is unmatched, and no Mexican business is going to dumb enough to let it slip by. They’ve been increasing prices and catering to Americans to the point where Mexicans are being squeezed out entirely from the equation.
There are parts of Mexico city where Mexicans are completely priced out. People with houses in the nice parts try to sell them to Americans to get more money. Developers are building condo buildings that cater to American styles, and they’re entirely branded and marketed in English. Businesses in the area notice the increase in Americans walking around and jack up their prices to get a share of the pie themselves, which leads Americans to get another part of the city that’s still cheap to get the most out of their money repeating the cycle. Americans have already been doing this to countries like Spain, Portugal, and Italy, but now they’re doing it to Mexico too.
theoretically, the whole population should be able to profit from the influx of money if it’s properly distributed. that seems to me to be more an issue with taxation than with overtourism.
That’s already a problem in Mexico. American immigrants have been moving to the nice parts of Mexico, and they have been inflating the ever living fuck out of the prices there. American money is unmatched, and no Mexican business is going to dumb enough to let it slip by. They’ve been increasing prices and catering to Americans to the point where Mexicans are being squeezed out entirely from the equation.
There are parts of Mexico city where Mexicans are completely priced out. People with houses in the nice parts try to sell them to Americans to get more money. Developers are building condo buildings that cater to American styles, and they’re entirely branded and marketed in English. Businesses in the area notice the increase in Americans walking around and jack up their prices to get a share of the pie themselves, which leads Americans to get another part of the city that’s still cheap to get the most out of their money repeating the cycle. Americans have already been doing this to countries like Spain, Portugal, and Italy, but now they’re doing it to Mexico too.
theoretically, the whole population should be able to profit from the influx of money if it’s properly distributed. that seems to me to be more an issue with taxation than with overtourism.
You’ll never reach a situation where the redistribution compensates in the same proportion than the price increase.
Damn, here I thought I was making a bad joke, but reality seems to be a bad joke these days.