There is no gentrification in Aguascalientes… but there are warning signs

7

The phenomenon of gentrification, present in various cities across the country and around the world, is not evident in Aguascalientes, although there are specific conditions that require attention to prevent processes that could alter the social and economic dynamics in some areas of the city, said Alejandro de la Rosa Leal, president of the Mexican Association of Real Estate Professionals (AMPI) in the state.

The leader explained that, if one wanted to talk about a time when Aguascalientes experienced something similar to gentrification, one would have to go back to the arrival of the Nissan automotive company and, with it, the foreign population that arrived in the state.

However, he specified that this process did not reach the dimensions observed in other cities in the country, where the increase in real estate demand from foreign investors has caused the displacement of entire communities.

He emphasized that what does require attention in the capital is the revaluation of the historic center, where there are old properties that require urgent rescue actions. “There are very old properties that need to be rescued; something must be done. And if the owners or the government don’t do it, it will probably be done by an outsider, even a foreigner, who will buy, remodel, and then rent or sell,” he warned.

He clarified that, although the acquisition of properties by foreign investors is possible, it does not imply an imminent risk of gentrification in Aguascalientes, as this process responds to multiple factors that currently do not converge in the state.

In this context, he called on property owners in the historic center to consider rehabilitation and modernization projects that will breathe new life into the area, preventing deterioration from leading to external purchases without local planning.

Source: Heraldo.MX

Aguascalientes Daily Post