Two and a half years into the IMF programme, Jamaica has stability without housing progress. This review examines the disconnect between improved macroeconomic aggregates and the lived housing reality of Jamaican families still waiting for the adjustment to pay off.

Falling oil prices and Greece’s debt crisis are the summer’s dominant external themes. This review asks what either means for Jamaican households — and concludes that global events have nudged but not resolved the structural housing affordability challenge that no external development can fix alone.

Falling oil prices are cutting Jamaican household energy costs for the first time in years. This review traces the chain from crude prices to mortgage affordability — and asks why the link still isn’t strong enough to unlock homeownership for most working Jamaicans.

Oil prices crashed by over fifty percent in the second half of 2014, handing Jamaica its most significant external economic windfall in years. This review asks how the energy bonanza travels from crude markets to the Jamaican household — and when it might finally make a mortgage more affordable.

Sixteen months into the IMF programme, five quarterly reviews passed, and Jamaica’s housing market remains caught in the adjustment’s vice. This review assesses the cost of compliance for Jamaican homebuyers — and whether the Ebola anxiety rattling global tourism markets will add to the pressure.

One year into the IMF programme, Jamaica’s fiscal targets are being met — but the housing market is paying a price in compressed wages, cut public investment and double-digit mortgage rates that lock out the formal sector middle class. This review asks what the adjustment’s first anniversary means for home buyers.

One year on from the IMF deal and the NDX debt restructuring, Jamaica’s housing market is absorbing the full weight of fiscal adjustment. This review asks what the rescue has cost Jamaican homebuyers — and when the dividend of stability will begin to materialise.

Eight months into the IMF Extended Fund Facility, Jamaica’s housing market enters 2014 with fragile hope. Mortgage rates remain punishing, the dollar has depreciated, and unemployment is rising — but the programme is on track and the NHT continues to function as the market’s critical lifeline.

Five months into the IMF Extended Fund Facility and eight months after the NDX, Jamaica’s housing market is at its deepest point of adjustment. Construction has stalled, mortgage credit is tight, and the rental sector is absorbing the overflow. This review examines the valley — and what lies beyond it.

Two months after the IMF Extended Fund Facility was signed and five months after the NDX, Jamaica’s housing market is navigating the immediate shock of adjustment. This review explains what the deals mean for every Jamaican seeking a home — and when relief might arrive.