- WEEKLY DEVOTIONAL: The Storm Took the Roof, Not the Foundation
- Daily Design: The Glass Canopy House
- Daily Design: The Sunken Sanctuary
- Daily Design: The Limestone Nook
- You Own the House. But Are You Still the Landlord?
- Thirty Years. Still Exposed
- Who Will Insure Jamaica’s Next Generation of Homes?
- Daily Design: The Breezeway Pair
Month: July 2023
By the summer of 2022, Jamaica was running two parallel economic narratives simultaneously. In the hotel lobbies of Montego Bay and Ocho…
The Lighthouse Presbyterian Church in Welcome Bay, Tauranga, offered its 8,106 square metres of commercial-zoned land for sale by tender, with Bayleys agents citing potential for apartments, townhouses, retail and offices.
Real estate dealers in Jamaica now have a new option for how they work. They can either work alone as individuals or…
Oliver United Church in BC’s interior, bought for $550,000 in 2022, is becoming eight apartments, funded partly by 523 small investors who put an average of $467 each into the project through crowdfunding.
Seniors who paid deposits of up to $110,000 for a life-lease retirement project on a Scarborough church’s land protested after the developer went bankrupt, saying refunds reached some church members but not them.
When COVID-19 arrived in Jamaica on March 10, 2020, it triggered the island’s worst economic contraction in almost four decades, collapsing tourism revenues by 65 per cent and pushing unemployment to 12.6 per cent within months. Yet the same years produced a housing market of surprising tenacity, record-breaking diaspora remittances, and a digital transition that compressed a decade of behavioural change into eighteen months.
The 1980s subjected Jamaica to an extraordinary sequence of shocks: Cold War realignment, IMF austerity, currency collapse, and the most destructive hurricane in the island’s recorded history. This edition of The Jamaica Decades Project examines how those forces remade the housing market, gutted public services, rewired construction standards, and drove a quarter-million Jamaicans abroad.
A former Concord, New Hampshire, church that served as a winter homeless shelter was sold for $770,000 to developers planning 33 market-rate apartments with rents starting from $1,400 a month.
GDP grows 4.0% — the second consecutive year of recovery growth, sustaining momentum even as global conditions deteriorateInflation reaches 10.2% — the…
With the BOJ rate reaching its tightening cycle peak of 7.00%, Jamaica’s housing market in July 2023 is navigating a summer of suppressed demand, construction cost pressures and a tourism boom that is complicating long-term rental affordability in resort communities.
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