How The Path To Homeownership Runs Through Mexico
San Diego residents are moving to Tijuana to get more for their money. Some hope to save for down payments on houses that are way out of reach north of the border.
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TIJUANA Gustavo Galvez has dreams of owning a home in San Diego, Calif. His path toward homeownership, however, includes a detour: While he saves for a down payment, he plans to spend the next several years renting in Tijuana, Mexico.
Mr. Galvez, 37, was born in Mexico, but moved to San Diego when he was 6. Now married with a wife and 7-year-old son, he chose to move to Tijuana with his family last July. Its a return, he said, that is both temporary and strategic.
We want to pay down our debt and increase our savings, so we can come back to the United States and become homeowners, he said.
Stories of migrants crossing from Mexico to the United States in search of a better life are well-known. But for the past decade, a reverse migration has quietly been gaining steam: Americans, priced out of the housing market and frustrated with sky-high costs of health care, electricity and basic goods, are increasingly opting to rent or buy homes in Mexico.
Mr. Galvez said he misses San Diegos green spaces, and is frustrated by Tijuanas pothole-ridden roads. But he has his eyes on a long-term goal.
Houses For Sale In Tijuana Baja California
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Houses For Sale In Playas De Tijuana Baja California
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Property For Sale In Tijuana Baja California
We could not find any more property matching your search, but we found Properties for Sale in Baja California, sorted by Nearest based on “Tijuana, Baja California”.
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realtor.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realtor.com recommends that you independently verify any information before relying on it.
- Tijuana Properties