The Morena government has not paid attention to the changes that have been taking place in Mexico City over the years. Who authorizes these land use changes? It seems that, given the state of the streets, sidewalks, and other public services in the capital, including security, there is not an appropriate use of the collected taxes.
Is it urgent for the head of government, Clara Brugada, to attract more investments into housing projects to generate jobs in the city? Is there a contradiction in the information provided by the authority regarding high-value properties and their updates in the property records?
The new obligation to notify the use of one’s own housing could discourage buyers and builders; is this the best way to address the backlog and housing rights in the capital? It is essential to correct or mitigate real estate greed to prevent the existence of unoccupied homes and homeless individuals.
The property tax should be progressive, with those having more resources or properties of higher value paying more. The pandemic has highlighted the shortage of housing construction in the city.
The government of Mexico City has established a new procedure for owners of properties with a cadastral value exceeding 4 million 554 thousand 974 pesos to report on the status and use of such properties. Although the authority mentions that it is not mandatory to respond, is this really the best way to address the economic situation in the city?
In summary, the measure imposed by the government of Mexico City seeks for owners of high-value properties to declare the use of their properties, raising doubts about their true intentions and the impact on the real estate sector.
