-Contributed by Erwin Cifuentes. This article, originally found in the LA Times, describes how the Mexican government has encouraged homeownership by poor Mexicans through affordable mortgage plans. However,critics claim that the government’s plan exacerbates overdevelopment in already congested urban areas. (Concord Monitor)
Tuesday, October 11, 2005
Mixed reaction to Mexican housing plan for poor
-Contributed by Erwin Cifuentes. This article, originally found in the LA Times, describes how the Mexican government has encouraged homeownership by poor Mexicans through affordable mortgage plans. However,critics claim that the government’s plan exacerbates overdevelopment in already congested urban areas. (Concord Monitor)
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