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Short-term Rental Not Likely to Affect Real Estate Financing

October 11, 2018
  Chief of development financing for The Jamaica National Group, Carlton Earl Samuels, says the growing local interest in the short-term rental accommodation market is not likely to change the approach which financial institutions, such as JN Bank, take to fund real estate properties.   Responding to issues raised about the impact of Airbnb on the...
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Stakeholders say regulated short-term rental will benefit economy

October 8, 2018
    Keith Senior (left), consultant, JN Bank, makes a point to Rose Bennett-Cooper (second right), chairman of the Rent Assessment Board, while Barbara Clarke, secretary, Realtors Association of Jamaica (RAJ) and Howard Johnson Jr, president of the RAJ, look on after the RAJ Symposium 2018 at the Spanish Court Hotel in New Kingston last week...
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Rent Act Amendments to be Finalised by Next Year

October 8, 2018
   Rose Bennett-Cooper, Chair of the Rent Assessment Board, says the long-awaited amendments to the Rent Restriction Act should be finalised within the next year.   “I was hoping that the amendments would be in place by December, but we’re working on it. However, those amendments will come about soon, because we are far along and we have...
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Hot Trend In Real Estate - Short-Term Rentals Pushing Up Prices

October 5, 2018
  Howard Johnson Jr., - President, REALTORS® Association of Jamaica The rise of the short-term rental market facilitated by online sites, led by Airbnb, has increased housing prices in key areas, according to real estate experts. "Right now, the going is hot," said Howard Johnson Jr, president of the REALTORS® Association of Jamaica, RAJ,...
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JN BANK - Regulated Short-term Rental Will Benefit the Economy

October 4, 2018
  Keith Senior (left), Consultant, JN Bank, makes a point to Rose Bennett Cooper, Chairman of the Rent Assessment Board, while Barbara Clarke, secretary, Realtors Association of Jamaica (RAJ) and Howard Johnson Jr, President of the RAJ. They were having a conversation after the conclusion of the  RAJ Symposium 2018 held at the Spanish Court Hotel...
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