Mexican president owns no cars or real estate, but his wife does

FILE PHOTO: Mexico's president-elect Andres Manuel Lopez Obrador shows his watch following a question by a reporter after a news conference in Mexico City, Mexico July 22, 2018. REUTERS/Ginnette Riquelme/File Photo

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Friday he owns no real estate, vehicles or personal property, echoing what experts say is a pattern among the country's politicians of shifting assets to relatives.

Lopez Obrador, who took office in December, told a regular news conference his family's cars and home are in his wife's name.