Salma Sosa

Criminal Gangs Target Vacant Homes as Mexico City Property Values Rise

A Bloomberg documentary reports that about 11 homes a day are effectively stolen in Mexico City, often after criminals move into properties left vacant and use forged documents to claim a right to stay. Andrea Navarro and lawyers featured in the report say rising property values have increased the incentive, while slow court proceedings and alleged corruption can leave owners locked out for years. City and federal measures may help resolve individual cases, but clearer records alone cannot address every vulnerability.