Law could modify the use of properties for temporary accommodation
While in other entities a selling point in residential projects is the rental potential via lodging platforms, in Mexico City (CDMX) the growth of this market could be held back.
On August 26, the receipt of the initiative with a draft decree presented by local deputy Leticia Estrada Hernández, from the Morena Parliamentary Group, was published in the CDMX Parliamentary Gazette to repeal the Law of Property in Condominiums in the District. Federal Law and issue the Real Estate Condominium Property Law for Mexico City, where it proposes to limit temporary accommodation contracted on platforms such as Airbnb.
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