Illustration: Allie Carl/Axios
Mexico City is betting big on digital nomads despite concerns that they’re driving up rental costs and pricing locals out.
State of play: Data from Mexico’s National Institute of Migration shows a record number of Americans have migrated to Mexico since the pandemic began. Many come to work remotely because the cost of living is so much lower than in the U.S.
- Lots of them use Airbnb, which has seen a 30% increase in long-term rentals in Mexico City since 2019,…