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housing investment
Investment is up, yet the housing deficit endures. An honest look at whether the NHT’s structure, designed in the 1970s, still fits the Jamaica of today, and how it might evolve.
In a country where land ownership has long been a source of pride, wealth, and legacy, it’s easy to understand…
The NHT says it has invested a record $343 billion in housing over nine years as it pushes past 40,000 starts. The harder question is whether it is enough to close Jamaica’s deficit.
The NHT increasingly relies on guaranteeing the purchase of homes private developers build, a model that can accelerate affordable housing if oversight and price-point discipline hold.
The Government’s repeated drawdowns from the NHT raise a hard question: should money meant for housing balance the national budget? A look at both sides of a long-running tension.
In 2020 some $55 billion in housing was planned for St Catherine, the NHT leading. A snapshot of Jamaica’s supply strategy, and the perennial gap between a pipeline and a finished home.
The NHT spent $106 million maintaining an unsold Trelawny estate by 2019, a concrete look at what idle public assets cost the contributors who fund them, and a lesson in stewardship.
A 2019 groundbreaking in St Catherine marked the NHT’s record build-out in the parish that became Jamaica’s engine of housing supply, raising questions of infrastructure and quality.
A historic Trelawny estate the NHT has tried to sell since 2015 is back on the market, a long-running reminder of what happens when contributor funds sit in a non-performing asset.
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