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Mexico City Parliament passes strongest rent control since the 1940s, limiting the rise in inflation


Mexico City Parliament passes strongest rent control since the 1940s, limiting the rise in inflation

MEXICO CITY — Mexico City lawmakers on Thursday passed the most ambitious rent control law since the 1940s, limiting rent increases to the previous year’s inflation rate. In the vast city of nine million, rents were essentially frozen in the 1940s, and for older buildings they remained so for decades. In the 1990s, these controls […]