Los Angeles Business Journal

Mexico Housing Bust Bruises Investors

Thursday, May 30, 2013

Home buyers and investors on both sides of the border are turning their backs on two Mexico's low-income housing darlings, Urbi Desarrollos Urbanos SAB and CorporaciĆ³n Geo SAB, bringing a government-fueled boom that lasted more than a decade to a screeching halt, the Wall Street Journal reports.