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Development & Education
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PRI's The World
January 09, 2014 · 8:15 PM EST
Planned housing developments continue to be built on the outskirts of Tijuana. Mexican authorities say they want to promote infill development and sustainable housing.
Provive, a firm that fixes up abandoned homes for resale, calculates that Mexico's approximately 600,000 abandoned homes affect the value of some two million neighboring homes.
Squatters and delinquents sometimes take over abandoned homes.
Many residents of Villa del Prado run businesses out of their homes.
Ruth Betancourt bought a house with her husband in Villa del Prado eight years ago. She's watched the neighborhood deteriorate as people abandon their homes and crime rises.
After Mexico's big housing developers build a suburb, there's often no continuing maintenance.
Of the estimated 50,000 abandoned homes in Baja California, about half were financed by Infonavit, a federal entity that provides mortgages for Mexican workers.
In Development & Education and Human Needs.
Tagged: Tijuana   North America   Mexico   Latin America   Larry Herzog   Development   housing   cities
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