Mexican President Claudia Sheinbaum has launched a comprehensive housing initiative to address the country’s housing deficit by building a million homes and offering zero-interest mortgages.
The program, aimed at supporting vulnerable groups, focuses on female-led households, young people, Indigenous communities and senior citizens. The announcement is a fulfillment of Sheinbaum’s campaign promise to create affordable housing and promote equitable urban development.
The car example is kinda bad since dealers always markup the cars.
Anyway, it would still help to have a million more homes enter the market. The price is also partly determined by the availability of the product, so adding more supply should lower prices.