H1N1 Jamaica 2009

Analysis

H1N1 Alarm and Deepening Recession Cloud Jamaica’s Housing Outlook — May 2009

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As the global recession continues to compress Jamaica’s economy and a new public health emergency emerges from Mexico, the island’s housing market faces mounting headwinds. Mortgage affordability remains acutely strained, NHT benefit has never been more critical, and diaspora remittance flows are weakening. Our May 2009 review surveys conditions across the April 3–May 2 coverage window.