Many Jamaicans are furious at the price of NHT’s new Ruthven Towers apartment, which start at JM$27 million dollars (about US$170 thousand) for a one bedroom. Critics say the National Housing Trust should focus on affordable housing, but NHT says there’s a demand at this price point. What do you think? We’ll have two NHT applicants sharing their experiences… and a Senior General Manager at the housing trust will break down the pricing.
And THE ANALYSTS weigh in on the latest market developments…. If you’re not fully vaccinated, you can’t travel to the USA. So those Christmas vacations and shopping sprees for the unvaccinated will have to be done locally, which could boost local business.
Jamaica’s spending on imports and earnings from exports both fell between January and March this year, compared to last year. And Electric Vehicle start-up Rivian is said to be valued at $86 billion after one of the biggest IPOs this year.
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