Mexico City assembly OKs strongest rent control since the 1940s

MEXICO CITY, Mexico: Mexico City has passed its most significant rent control law since the 1940s, capping rent increases to match the previous year's inflation rate.

The legislation, approved by the city's legislature on Thursday, aims to address the rising cost of housing, particularly in light of digital nomads and short-term rentals that have driven up rents in certain neighborhoods.

The new law mand