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The population millennial Consider sharing a home with one or more people to be able to cover the expenses of living in CDMX.
There are more than 9 million young people who work and, at least, 44.9 percent have a remuneration of 5 thousand 186 pesos per month, reports IMCO.
CDMX had a sustained growth in its surplus value, from 2016 to date it has reached 14.75 percent, says Tinsa.
In recent years it has been more difficult to acquire a house or an apartment, It has been seen more frequently the rental of properties shared by two or more young people who are known as roomies, this has allowed companies to turn to see this market to offer them opportunities and solutions that adapt to their needs.
Although the way to acquire housing loans has changed, it is still complicated for the young worker to be able to solve itsince his salary is not enough to cover his basic needs and pay the credit at the same time.
Several factors influence the decrease in housing acquisition in CDMX, one of them is the change in the formation of a family, where the young population sees it less feasible to have a traditional family or, because of the income that each young worker receives , according to figures from the Mexican Institute of Competitiveness (IMCO) refer that there are more than 9 million young people who work and at least 44.9 percent have a salary of 5 thousand 186 pesos per month.
“We will continue to receive new people in the labor market, with salaries that are insufficient to pay a mortgage, so it is necessary to facilitate the leasing processes in these cases”, Antonio Darszon, CEO and co-founder of Netta Proptech.
This has made the young population consider sharing a home with one or more people with the intention of being able to cover the expenses of living in CDMX. In this regard, the National Institute of Statistics and Geography (INEGI) refers that in Mexico of every 100 Mexican households, 5 are co-residents, which are formed by two or more people without family relations with the owner or owner of the home.
Given this, certain real estate companies have created various solutions that adapt to the market roommatesuch options are the possibility of shared rent of rooms or apartments, offering more flexible credits and the change in contracts where certain limitations are taken into account that have the millennials such as the lack of credit history or, on occasions, they do not have a guarantee.
Another important aspect is the surplus value that CDMX has acquired, according to a Tinsa report, it had a sustained growth from 2016 to date it has reached 14.75 percent, which is why it ranks first in the country. With this, they have increased the value of land in the city and it is more complicated for the population millennial consider sharing a home.
The increase in surplus value depends on factors such as the access roads in the city, the location, the infrastructure services, supply and demand, the architectural urban value and the future plans of the population. millennial.
Maybe it’s a good idea for property owners to open their doors to millennial that two or more can rent a home, is a market option that allows them to generate extra income and real estate companies are more flexible with this sector of the population.
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