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Caribbean housing affordability
Three weeks into a global pandemic, Jamaica’s borders are closed and its housing market is in shock. This review examines the channels through which COVID-19 will reach Jamaican households, and what the institutional safety net can realistically provide.
Jamaica enters 2020 with record tourism, multi-decade low unemployment and the most favourable macroeconomic conditions in a generation. This review asks whether the housing market’s structural constraints will allow this moment of promise to translate into lasting affordability.
Jamaica’s economy is growing at its fastest sustained pace in a generation, yet the housing shortage is widening. This review examines the paradox of prosperity that leaves working families still unable to afford a formal home.
Record tourism arrivals are reshaping the resort property market while the affordable housing deficit deepens. This review examines the growing distance between Jamaica’s two-speed property story and what it means for working families.
As Jamaica’s IMF programme reaches its landmark conclusion, this review asks what six years of fiscal adjustment have meant for housing affordability — and whether the post-programme era will finally deliver supply to match the deficit.
Three years of GDP growth and falling unemployment have laid strong foundations for Jamaica’s housing market. This review measures what the Holness government’s first term has delivered for home buyers and what remains unfinished as the second half of the mandate begins.
Credit rating upgrades, strong tourism and three years of steady growth have made Jamaica’s housing market more confident than it has been in a decade. This review measures the recovery’s depth and asks who it has left behind.
Low rates, rising employment and record diaspora investment make July 2018 one of the better moments in recent memory for Jamaica’s housing market — yet the land titling crisis keeps hundreds of thousands of households locked out of formal homeownership.
As Caribbean spring tourism delivers a strong performance across unaffected islands, Barbados stands at a historic political crossroads: a general election must be called within weeks, with PM Freundel Stuart’s DLP facing Mia Mottley’s BLP in what polls suggest will be a decisive contest. Meanwhile, reconstruction across Irma and Maria territories continues.
Two years since Andrew Holness led the JLP to victory: Jamaica’s debt has broken below 100% of GDP, mortgages are at their most affordable in a generation, and the housing market is moving again — yet the structural supply deficit persists.
Jamaica Homes News
Independent Jamaican journalism worth supporting.
No algorithms. No noise. Just the stories that matter.
✓ You’re subscribed to the free newsletter
Help keep it independent.
Paid members unlock every article and keep Jamaica Homes News reader-funded.
★ Paid member
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Jamaica Homes News brings you the latest Jamaican news, property, business, tourism, development and community stories from across the island. Discover the people, places and developments shaping Jamaica today, with timely news and local insight you can trust.
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