The Importance of Home Ownership for Jamaicans

Property acquisition during slavery turned out to be singularly important in determining who continued to remain in the employ of the plantation post Emancipation. West Indian freedmen who already had a taste of property ownership were typically not enamored with long-term plantation employment. Transitioning into the 1900’s property ownership provided real and symbolic economic liberalization…

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BUYING A NEW HOME – 10 Common Real Estate Questions

1. What is the first step of the home buying process? Getting pre-approved for a mortgage should be the first step of the home buyer process. First, you need to know how much you can borrow. Knowing how much home you can afford narrows down home searching to suitable properties. No time is wasted considering…

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Selling Property in Jamaica – COVID Considerations

The process of selling property in Jamaica ought not to be a difficult and arduous one. Certainly, for new purchasers the process can be fraught with anxiety given considerations as to identifying the best location, affordability of the purchase, finding a sufficient down payment and last but certainly not least the mortgage process which has…

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Purchasing Property in Jamaica – COVID Considerations

Purchasing Property in Jamaica – COVID Considerations August 24, 2020 The anxieties brought on by the COVID pandemic has not spared those of us living in Jamaica. Like elsewhere there are concerns about general wellbeing and economic livelihood. Unlike other periods of uncertainty and economic contraction the most recent being 2008, the real estate market…

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Succession Planning considerations for the Jamaican Family owned business

From pre to post colonialism, micro small and medium enterprises (MSMEs) have been important drivers of equity, economic growth and sustained development in Jamaica. These enterprises create and retain wealth, generate employment, and provide the support for private sector growth and expansion. MSME and several of our larger privately owned companies in Jamaica are family…

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Jamaican Housing Stock – Expensive and Scarce?

A recent Article in the Americas Quarterly contributed by Michael G. Donovan and Theresa Turner-Jones, titled, “Caribbean Housing Is Expensive and Scarce. How to Change That”, brings to our attention the endemic problem of housing in the Caribbean region. Closer home in Jamaica we see this dilemma being played out. Despite lethargic economic growth over…

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Interview on how to get real and profit with real estate

Get real and profit with real estate Robert J Taylor is an Attorney-at-Law and founding partner of Taylorlaw with offices at Unit # 16, 80 Lady Musgrave Road, Kingston 10, Jamaica. Robert has a passion for real estate development and real estate investment and has aligned his practice with a focus primarily on real estate…

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