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The article discusses the impact of 'Mr. W', an intermediary managing numerous Airbnb properties in Mexico City, on local housing prices. Tenants are being displaced as landlords opt for short-term rentals over traditional leases, significantly increasing rental costs. Mr. W does not own the properties but manages them for owners, promoting a gentrification trend in neighborhoods like Condesa and Roma. The business model has proven lucrative, with high occupancy rates and substantial income for property owners, leading to concerns about the effects of such intermediaries on the housing market and local residents.

The article discusses the impact of 'Mr. W', an intermediary managing numerous Airbnb properties in Mexico City, on local housing prices. Tenants are being displaced as landlords opt for short-term rentals over traditional leases, significantly increasing rental costs. Mr. W does not own the properties but manages them for owners, promoting a gentrification trend in neighborhoods like Condesa and Roma. The business model has proven lucrative, with high occupancy rates and substantial income for property owners, leading to concerns about the effects of such intermediaries on the housing market and local residents.