What Apartments Look Like Around The World • Mexico City 

Housing prices fluctuate wildly through the country and there is a range of housing for every income level. I live in Mérida and for 500USD a month, I have a 2,400-square-foot detached house on a large lot just 10 minutes from the historical centre, but a house like this in the south part of the city would easily be half the cost. And I know folks in Monterrey who would think this CDMX rent is inexpensive.

Depends who you are referring to? If this person's can afford this is because their job pays them very well. Unfortunately just like any country with out an education the pay is way to low.

I guessed this because these apartments are THE DREAM! Dreams don't come cheap unfortunately!

@@LimoneSoda yes. I had the opportunity to visit Mexico city and visit family. Totally loved the people and neighborhood. Saludos from California.

@@eddiem384 I've lived in Mexico for several years and there seems to be a parallel economy here for the middle class and wealthy versus the poor. I really see it in my city of Mérida, with the city split between the rich north and the poor south. Everything in the south, from houses to utility services, is priced for those folks who make only a few thousand pesos a month. In the north, things are priced for those who make tens of thousands of pesos a month. But we all have the same basic quality of life -- the same potential and opportunity to own a home that meets today's standards of hygiene, to send kids to decent schools, to get adequate healthcare. I'm not saying that there aren't parts of Mexico, or even Mérida, where there are people who are in absolute desperate poverty, just as there are Mexicans who are ridiculously rich. But the purchasing power of a family here that makes 5,000 a month versus 50,000 is the same when it comes to basic things -- they just have to shop within their economy. My cleaning lady and I were talking about this recently. Between her and her husband, they make just under 6,000 pesos a month. It's easy to imagine them living in some hovel with a dirt floor, right? Well, they own a house almost as large as mine in the south part of the city, and it's nicer, too, as it's newer. There are tons of programs to help Mexicans become homeowners, regardless of their income, and Mexico has one of the highest rates of homeownership in the world. TL:DR: Stop looking just at the salary, but rather at the purchasing power for that salary. The disparity with salaries in countries like the US then becomes a lot smaller.

🤣🤣🤣

so true!!

yellow filter matlab ka kya sandarbh hai :P

lol

Haha accurate

You mean how the upper middle class lives there

@@cockycookie1 do you have a problem with that?

@@cockycookie1 Exactly, half the population in the city live on rent around 5kMXN.

This isn’t a good portrayal of the average person in these cities.

@@cms3000 not a "problem", it's just not realistic. I live in other Latin American country and we know that's not the reality for most people in our region.

😳😳 what happened

I'm curious. What did happen in chile 😧

Yeah what happened?! Tell us the details.

Sadly I’m not surprised Chile is mostly white/mestizo country. Even me as a meztiza/Afro Colombian would be weary to go and it’s sad. This isn’t saying that everyone will have a bad experience but it sucks that it even happens

@@ldr11233 thank you for the insight. I will keep that i. Mind if I travel there.

Yes and no. Rent is cheaper than Europe or the major cities of the USA. But building infrastructure and support systems if the event of failure are not on the same par.

@@swicheroo1 western europe maybe, it looks expensive to me

@@PlaceboEllie My main point is about infrastructure--building safety, codes, fire infrastructure, sewage. Mexico City, for instance, sits in earthquake territory and it periodically gets decimated. And the city's leadership still permits the kind of building that will fall apart. There's more to questions of 'value' than simple cost .

@@swicheroo1 okay but that just compounds the point, it's twice as much as rent in my city and the infrastructure is terrible so it's even worse value

​@@swicheroo1 actually. Yes, some parts of Europe are expensive, but then you have some that are extremely cheap. Speaking from experience living in Europe and once in Mexico; I think Mexico is expensive. I had a better and less expensive life in Europe.

Based on my experience living and travelling in Mexico over the past six years, I have a theory about that for Mexicans at least -- kitchens that generally do not have any storage combined with a culture of not using the oven. So it's perfectly logical.

Also Eastern European

Where else would we store them?lol

@@SanDeeBabii Americans think that their style of kitchens with wall to ceiling cabinets are standard the world over. So why would you put pots in the oven when there are so many cabinets? Don't mind them. As my comment above says, your method is perfectly logical. :)

I didn’t know that was a Latin American thing. I’m German Italian living in Illinois and growing up we always stored our cookware in the oven and dishwasher (broken most of my life lol)

From Kenya too and I think we're being ripped off over here

Sí hombre, lo que viven millones la mayoría de los mexicanos.

Americans from which countries?

I’m glad that they showed this side of Mexico, simply because many have a misconception that it’s “bad” everywhere, when it’s not completely true. I understand that not everyone can afford certain places shown in this video. Other cities and states are probably cheaper, and different.

Yo voy a terminar suicidandome con esta situación

"A lot of people" is not the same as "most people". There is actually a lot of demand for real estate. Younger educated people are searching for apartments and condos.

but a website stated 33,200 pesos is the average monthly income for mexican. it's actually not that bad

@@Kylelongwest i really wouldn’t believe that. I know salaries are higher in CDMX but not at that level. Or maybe the average is skewed given the large millionaire community present there

@@itsallgood5314 oh i see

@UCOH2WqeNBEg4RsQW8EwLIiw y a que se dedica?

Santa Fe is horrible 😂 no, thank you. I would rather live anywhere else in the city.

I am so glad you decided not to because foreigners from extractivists countries just end up gentrifying our cities 🤢🤢🤢

all of them work in buzzfeed except for the last one, is the girlfriend that works in buzzfeed (not on camera)

YES I was looking to see if anyone else caught that!!!

Exactly

Yes!! And Greece

Can you please cite your sources?

@@AHPSC i was born in mexico but grew up in the states lived in mexico for 8 years . Those are my sources but im sure you can do a simple search and find out .

@@citlalivillegas9298 I have lived in both countries but that doesn't qualify me to make an informed statemen on what people can afford. My point is, because it is Mexico, many people tend to give opinions that are basically a result of Hollywood movies. That's all.

You’re so right it

lol that's not true.

Social mobility in Mexico City is fast paced. There's great demand for real estate.

What neighborhood do you live in? Are you from Mexico or foreign?

Which neighborhood do you live in that's cheaper? I'm moving to Mexico in January!!

@@sidni.d5989 I used to live in Miramontes, which is in the south of the city. Really recommend the neighbourhood!

Those are not high-end parts of Mexico City, well except for Santa Fe. They´re more like hipster neighbourhoods where you get small apartments in really old buildings for a higher price than they´re actually worth. The young artsy crowd loves living there, though.

Bruh, I wish I was paid that much a month

That's 750 US. That's nothing for an awesome apartment!

Two episodes for the Tijuana-San Diego area :)

En Coapa están como en 12 al mes, hasta los de interés social están como en 9. En 6 están los de la CTM. Es un asco todo tan caro 🤢🤢🤢

I'm from Brazil and we do this too! lol

Also in the Philippines! Haha

Same for south asians!

Is using the oven less common? XD

@@stone0234 it has existed for years now. Also, I said Latinx not Latine which is the one that is being used in Spanish.

I live in South Wales and in Cardiff for £700 a month you get a tiny two bed flat. No balcony, no rooftop, no garden, no nothing. We’ve just bought a house which is four bedrooms with a garden and the mortgage is less than our rent was. Madness. These apartments in this video are just amazing and the amount they pay for them a month would get you nothing like this over here in the UK,

Yes, they are

Yeah you guys are god damn insane, like 1500 bucks for a studio apartment, I can get much bigger places for 800 bucks a month in Tijuana, and I do, I work in SD and live in TJ, just like an hour for crossing in the morning. But I save a criminal amount of money on rent.

@@ericktellez7632 most Americans don’t want to live in Tijuana though.

@@EMVelez-qb1zu And most Americans dont want to cross state lines and move somewhere else. I am just talking about my own personal experience 🤷‍♂️

🍼

good eye

In Mexico they're easy to find, it's not as demanded as in the US

I'd say that if you were to put it in US parity (purchase parity) these apartments are somewhere around 2.1 times their actual price in MXC.. so around 1600-2200 USD, I think they are still cheap compared to California, but the huge difference in Mexico is that almost, if not ALL, have access to becoming a homeowner. Mexico has free universal healthcare, free school (very small fees in some state universities, more of a symbolism fee) and access to INFONAVIT, this is a government's bank that taxes you from your hard earned money and saves it for you, so when you are ready to buy a house, you have savings (thru the government) and access to a credit that is considered (mexican interest rate style) socially viable. So, with everyone being able to own a house, it's no surprise prices remain low even when compared by purchase parity. Now, the problem starts when (I live in Tijuana, border town with San Diego, CA) people from another country which pays more, then the prices that anyone would expect to be cheap, start to increase to match those of another country (in this case California prices, which are probably as an avg the highest in all of the US) and rents become almost imposible to local residents born in Mexico and gentrification becomes a thing.. most of these californians are still (of) mexican (descent).

Actually they are the new tenants with good paying jobs they are the 32% of Mexico city people . Unfortunately this are the present and future. in a part is good but its unfortunate they have the mind of a millennial. This drives poor people out of their own homes. This is why even for some of us in the US can't afford a place in the city of our own country. Some of this homes are over 150-400k us dollars But this is the current mexico and specially in Mexico city. They are taking over and the prices there now are ridiculously high . Thats they have people coming to the big city to work.its hard to find low prices in this neighborhood. And yes regular paying job in the city is $200 pesos per day. Equal to $10.. us dollars they are paying more than 2 persons make in one day worth of work.with a decent jobs.

I think it’s kind of cool to show a different side of Mexico though - totally agree and hear what you’re saying but stereotypically you only ever see the low income side of Mexico so it’s nice to show the opposite.

they prob didn’t want to play into the stereotype that Mexico is just poor

That's how most apartments are like in the city lol... like the city is more rich than you'd think

Must be rich.

Ay, no vengas a gentrificar 🤦🏻‍♀️

There’s also an Xbox Series S

Same