President Claudia Sheinbaum announced a new housing model intended to deliver 1.8 million new homes with real access for workers [3].
The initiative seeks to replace previous credit systems that the president described as predatory traps for the working class. By shifting the model of home ownership, the administration aims to ensure that housing is a reachable right rather than an unpayable debt.
During a morning press conference on June 15, 2026, at the Salón Tesorería in the Palacio Nacional, Sheinbaum criticized former mortgage credits [3]. She specifically highlighted schemes that required a down payment of 80,000 pesos to obtain a loan of 1 million pesos [1].
Sheinbaum said these requirements were impossible for many and created a cycle of debt. She linked these practices to a 36-year period of neoliberal policies spanning from 1982 to 2018 [1].
"El modelo de vivienda que estamos implementando permitirá 1.8 millones de casas nuevas con acceso real para los trabajadores," Sheinbaum said [2].
To support the viability of new housing access, the president pointed to the economic shifts in the country. She noted that the minimum wage has seen an increase of 154 percent [1]. This increase is intended to provide the financial stability necessary for workers to enter the new housing model without falling into the traps of the past.
The president said the previous system was designed to benefit lenders rather than homeowners. The new plan focuses on genuine access, moving away from the high-entry barriers that characterized the prior era of Mexican real estate finance.
“The new housing model will deliver 1.8 million new homes with real access for workers.”
This policy shift represents a move toward state-led housing intervention to counter the effects of neoliberal financial models. By targeting 1.8 million homes and leveraging a 154 percent increase in the minimum wage, the administration is attempting to decouple home ownership from high-interest, high-barrier private credit, potentially shifting the economic power balance between financial institutions and the Mexican working class.
