Property values in urban areas and tourist areas will always be disproportionate to the income of the avg citizen. Not unique to Jamaica. What the Jamaican govt needs to do is improve infrastructure (transportation, road network, Internet availability, cost of energy) and create employment opportunities outside of these areas so that the citizens can have a good quality of life wherever they live.
While I’m all for Jamaica getting fair price for real estate, however, I believe there’s a false equivalency when comparing real estate prices in Jamaica vs. New York . We should be clear that access and investment in conveniences, such as, roadways, utilities, schools, hospitals , banks, government services, etc should be factored into pricing property. The fact is, Jamaica does not have the same level of access and conveniences vs. most places in the United States. The issue I see is that Jamaica is trying to price the same for similar properties but with much less conveniences.
@@uhuru27 Do you know the price of a starter home compared to a low income individual's salary? The problem is that most Jamaicans aren't earning enough to even afford a starter home
It's the same New York city area or Toronto (GTA) no average citizens can't buy a house in either of the two areas..average citizens have to live in Government housing or find themselves somewhere else out of the city.. expensive areas were not designed for low income people that's the first thing one has to understand
@@omarfrancis7685 So you're ok with people being unable to have housing whether it be owned or rented? That my friend is the problem between me and you, I will never be ok with any human being homeless or living in substandard housing just so rich people can feel a false sense of superiority over everyone else. Like he said in the video "expensive areas" are nothing more than perceived value, you only pay that much because of the area. I dont really care where people can get houses as long as they can get it.
No true. Some people in Jamaica just want a decent, affordable home; which is not abundantly available in Jamaica. That doesn't mean a mansion. You have to make up the point "everybody wants a mansion" to justify your ignorance. Also, interesting how you people fill people's heads with materialistic things and then become upset when that is what they want.
My opinion as to why Jamaica’s homes are expensive is the following: 1. Imported Materials are expensive 2. Jamaica is about not providing shelter for its’ citizens. Jamaica is about luring in foreigners to inherit Jamaica for long term 3. Jamaica 🇯🇲 is about doing everything that America is doing. So, if America or the world (who is often paying their citizens more for their salaries), is doing something admirable Jamaica 🇯🇲 will follow or behave as if it has the right to increase its’ real estate prices. 😢😢😢
Corruption is what killing Jamaica its not even the crime , its the corruption and why the house so expensive cause who a sell the house a try get Rich too quick, lol but watch the joke them soon of fe ago bring down the price.
The main problem is the cost of materials. Sometimes last year, in Trelawny, a sheet of plywood cost ten thousand dollars, and a piece of 2×4×14 cost six thousand dollars. This artificial increase is due to the monopoly in the local market. There is a problem also with the mindset of people. All is about colors and tribal politics.
Chances are that you join with a friend or family to purchase a home, or land 1n Jamaica as an investment,when the value goes up the friend or family set you up to be Killed ,and he or she control the investment.
The real estate agents have a lot to do with the exorbitant prices. The more they sell a house for ,the bigger is their fees so they will inflate prices to earn big commissions.
The real reason why the real estate in Jamaica has gotten out of hand, is because they are pricing for foreignors, its another type of scamming ........ People who go away to work, and returning residents come to Jamaica to buy or build a home, that's what we face.
Babu Looka you are so right. I remember going back as far as the early eighties you could go ,and view a piece of real estate, and if you mention that the price was too high the vendor would say " someone from foreign will soon come buy it ".
how is it a scam? Do you want to be paid the most you can for you job? sure you are. the man who sells vegetables in the market, do they want to paid the most for their veg? sure bet. the prices are going up due to demand. And if foreigners can afford it then the demand is there. to get the prices affordable then the government needs to levy things such as extra taxes when a foreigner buys Jamaican property. but to say it’s a scam is ludicrous
Why is Jamaica real estate running race with some of the most expensive, advanced cities in the world filled with opportunities? Poor medical services. Water and electricity cut offs are the order of the day. Are these new homes even solar powered for their exorbitant prices? Crime is out of control. Wages are a disgrace. The day laborers are paid less than US $30 a day on a housing project. Cost of materials is the same everywhere yet it is so much more affordable to own a home in Cleveland, Georgia and so many other places. Most disgraceful, is the NHT and i won't even touch on that
New York, Manhattan isn’t Kingston Jamaica. Manhattan is built on commerce of different cultures participating in a dynamic marketplace. You had skilled labours from all over Europe contributing and arbitraging value. Manhattan is valuable because of the opportunities available, as in the connections you can make. People move quickly, and money flows. I have hopes for Jamaica, however untill I hear plans of a train system to move people in and out of the Central business districts of Jamaica. speculative aspirations is concerning. Jamaica should aspire to be like Singapore. Singapore was poorer than Jamaica but it now demands the price is does because of infrastructure, banking system and a dynamic economic environment.
PLEASE TEACH THEM....Zero public transportation or education or medical system....these prices make no sense. Everybody can invest to do AirBnB...with a million dollar home. MONEY LAUDERING us what's driving up the market....
8 mile beach with pot holes? Naw it needs to be up to standard. That’s like having a 20 million dollar house with roach and rats. And you still haven’t gave a valid reason why real estate is overpriced In Jamaica. It’s NOT WORTH THE PRICES
Houses are being built but not for the majority of Jamaicans and I am not taking about minimum wage earners, I am talking abooutphblic sector workers also private. Yes we encourage investment but if such investment is geared towards an international market is defeat the purpose of building more homes because the average working class will never be able to own a house especially in St Ann.
Thank god my family didn't have to depend on the government to build our house. We were able to start small and expand, on land owned by my grandmother in St Thomas.
A lecture on historical values and essences does not benefit people who cant afford to purchase. He demonstrate that he has some formal knowledge. But not sure how to apply it.😢
You beat me to making this same point... foreigners should be BANNED from buying real estate in Jamaica 🇯🇲... Others countries have such a ban in place so the locals don't suffer... they don't understand this or they don't care?!?!
@@DV-lr8ec unfortunately the politicians who work to pass and implement these rules, regulations and laws are "licky licky". Send them a cheque and they'll do whatever you want.
If not completely banned. Better scrutizized. They should be relegated to areas most folks dont want to live to build it up, including building schools and hospitals to go with these communities.
My apologies Throp, but I must ask the presenter this worrying question about his statement, "... why Jamaican real estate is just getting expensive?" This statement implies that Jamaicans who earn a minimum wage are destined to be born, live, and die in Jamaica and never own a home. The abyss is widening!
I think the presenter’s job was to talk rubbish aka biased crop that has no substance. He has no concern about a better Jamaica. It appears as if his aim is to make money for himself and family. He reminds me of people whose aim is to temporarily gratify themselves as they kept destroying the environment and don’t care about the future of planet earth. 😢
@@CenterPointConstruction It distresses me to imagine that Jamaica is for sale to foreigners and richer Jamaicans. Again, the people whose blood, sweat, and tears built Jamaica can't get a piece of the pie.😭
My view the realtors/ agents needs a very big commission, so they tell the home owners that they can get so much and so much for their houses, and in so doing ,alot of us cannot own a home.
That's still no excuse to have the house so sky high. The average Jamaicans cannot afford houses like these. Sooner or later Jamaicans will be a minority in their own country, just watch and see!
I’m so disappointed in this content. This guy is fundamentally flawed and he is NOT an expert in investing. As someone who wears an economist hat, I’m appalled. His points are anecdotal and subjective. Real estate is expensive in Jamaica because of supply and demand in higher end housing, bought mostly by foreigners and a small percentage of Jamaicans. Also, it is disingenuous to compare Jamaica with the USA, PLEASE STOP! I would not buy candy from this guy. Seventy percent of Jamaicans make less than $70 per week and you’re here bragging about Jamaica real estate? A corrupt government, high crime rate, broken healthcare and education system and a lack of proper housing for the average and poor people. . . No thank you! And no, most of us in the diaspora are NOT buying real estate in Jamaica. The diaspora is twice the population of Jamaicans living in Jamaica. I will come and start programs to help poor people.
It's so sad that the ignorance of people about Jamaica. Where in the world people who never worked get a pension? Answer, Jamaica. Where in the world does people have free health care, including treatment for cancer and cardiac surgery? They don't have to pay into insurance like Canada or UK. Jamaica and they get quality treatment. Where in the world does a poor person gets a starter home for free? Jamaica. Where in the world does children attend schools for free without paying property taxes? Jamaica. You are wrong about people in the diaspora not moving back to Jamaica. I know several of my friends who bought homes in gated communities there and the communities are 98% diasporians. Every country has poor people. Not every person in needs wants help. Jamaica has tons of social programs available for it's citizens but people too lazy or dumb to research what's available. Jamaica is a developing country. It's not a third world country anymore. There are several professional Jamaicans who make more than Americans in the same field.
Gypsy Girl well said. Excellent point its a supply and demand problem in Jamaica. Look at Cherry Garden and Norbrook. The demand for those areas drive up prices to record high. Can you imagine a 4 bedroom house there is like $1.3 millions USA dollars. Now most Jamaicans cannot afford to live there nor do they earn enough to get a mortgage. So, foreigners come in and buy up these properties. The real estate guy speaking have some great tips and knowledge but, did not understand how supply and demand works.
By starting the discussion with $$$ figures that the average minimum wage employee have never seen is ridiculous. Having high priced property without any rules and regulations is what is happening. Prices are going up but it doesn't mean that the property is actually worth it. And talking about loans and mortgages in the states and here is 2 different things. You can open an account in the states and get a loan easier withing 1 year living over there than spending 30 years at the same bank in Jamaica.
So my mom die leave a wil for us and the guy that was taking care of one of the property had a judge kick my brother off the property and now he lives on … what is going on???now I have to go home to get this straightened out.
Yes Jamaica is beautiful but the government must do better-The infrastructure in many local communities across the island is atrocious. They collect a gas tax to fix the roads, yet they are deplorable in these poor areas. When frustrated people block the road, we have a government minister saying the government will not fix the roads where people are blocking them. Water provision, garbage collection, the list goes on. Better can be done.
All lies way too expensive...for the boxes...if you choose to buy your land and build will not even be half as much...its call greed and we all see how that ends...I STUDY AND WORK IN CONSTRUCTION...
Not necessarily true. If price increases for rent, and people can’t pay rent. Then that investment will devalue, like that apartment building, however if rent increases then wages would need to be competitive to match demand in the market . I think this a lose, lose situation, why… construction costs are super high/with Jamaicans builders demanding the same costs as a United States development company and the process is inefficient. The consideration is what is an industry Jamaican would feel comfortable doubling down on to help propel the poorer class up, and not tourism. My recommendation would be to farming and urban framing, supply the world with what it needs at a fair value. If Ukrainians could cripple the market with this war then Jamaica could fill the gaps, and many then we can change the narrative, while improving people’s lives.
There are homes for everyone price point in Jamaica. The interest rate for a young person is very low. Many young people are purchasing their homes there.
That's your opinion.. real estate is hot now in Jamaica and the value will only increase even in a crisis situation..most of these houses that they building in certain built up areas is not for poor people to rent..it's for the middle class, rich and AB&B..Everything that man said is on point..I have seen it during the last years ago in Jamaica..
They also run the risk of pure money laundering buying up and driving up the market...ridiculously. The average hardworking Jamaican can't even get one to buy. Land owners are forced to take one unit while developers teef.. their land and make millions....
You absolutely right, why should foreignor who left Jamaica have to now pay double just to support the Jamaican economy. People in jamaica think its easy, first generational parents that leave jamaica sacrifice so much just to provide for their children, and it wasn’t easy.
I honestly don't like the constant comparisons to NYC. Jamaica is a far different and younger economy, plus our culture is different. Residents and Citizens in Jamaica aren't forced to live on a credit system, so any weh de chord mawga it pop. Yuh either have it or can get it or you don't and can't. Otherwise, there was some good info included...especially the point that most the opportunities to capitalize on real estate in JA will disappear eventually and not come around again.
Fair enough. However, exactly what has happened in NYC is happening to Jamaica right now. The same can be said about Barcelona, Boston, Toronto and many other parts of the world. The point of the analogy is to understand what is going to happen to Jamaica based on what has happened in other parts of the world where this has occurred already. Yes NY is extremely different than Jamaica in very obvious ways. This does not mean we cannot apply the same economic modeling, a scaled version, to what is happening here to have a better understanding of what lies ahead. As it is Jamaica is follow the exact trajectory of other places around the world where this has already occurred for better or for worse. This is the reality
@@Throp no it won’t, because all of the areas you mentioned the properties are predominantly owned by people who live in their homes. For the ones that are not, the metro areas are magnets for migrants both domestic and international because of high paying jobs. If you buy property in Jamaica as someone living abroad you are very susceptible to be caught in a situation where you can’t find anybody to rent it to for the equivalent mortgage.
Very inspirational content from Noel, and I also found the comments on this segment from your viewers very interesting. Good job Throp you got a needed conversation started on Jamaicas home values
Jamaica has poor security, administration, education, and health services. Where are the infrastructure in Jamaica trains,trams, even aeroplane? ✈️. Why the government not pushing solar power energy cold Europe paying people to take solar. Jamaica is a 🔥 place in the tropics.
Regardless of your reasoning and I am not taking anything away from the value of our country and what it represents but the locals are totally priced out.
Jamaica should start use American dollars , instead of JA.dollars. since they are doing buisness using American dollars. They are not catering to Jamaican.
I wish people would stop talking about Jews as if they robbing people. Every Jew is responsible for another Jew. There are no strangers among Jews. If a Jewish person knocks on a Jewish home in the middle of the night and needs shelter that Jewish person is obligated to shelter that person. Although they don't know each other. Judaism is a people hood. So Jews work together. Other people and religion have no obligation to someone from their own race or tribe.
Manhattan has a lot of overpriced real estate. That includes commercial real estate which is why now 30-40% of the commercial space there is now empty.
To keep Jamaicans from the diaspora out new colonisers want jamaica but not the people so be careful what you eat and who you eat from depopulation is in progress so does health inspectors test samples of foodstuff coming in for hidden stuff that can affect fertility?
That's silly because it's the people that makes Jamaica what it is. Without Jamaican people it's just another boring island with no flavor. So that's not a valid argument.
Most Jamaicans do not appreciate Jamaica, they all want to go foreign, so why not someone else inherit our beautiful island. It might do better by them.
This guy is a snake oil salesman, real estate is indeed a good investment vehicle, but it has drawbacks too, so he should also be talking about the drawbacks, too. Last year real estate speculators bought properties that are sitting idle, not making money for the investors, while they have to be paying mortgages.
Let’s hope the Jamaican tax payers don’t end up paying for those expensive high rise flats. The average price of a house should be 4 times the average income in the country. Whenever, the average house price becomes 8 times or 10 times the average income, the market could crash at anytime with the slightest disturbance. It’s people’s money (depositors) the bank loaned out to purchase those expensive flats. Should the owners of those flats defaulted on their payments due to any shocks in the market, people will not be able to get their money from the banks, leading to long queues outside the banks (Run on the banks). This is where the government would then need to step in and pump taxpayers money into the banks, to calm the market and allow ordinary people to withdraw their money, so that they can buy food and pay their bills. I think the government is trying to slow the inflated house prices, there was an announcement last year where that National Housing Trust should stop lend money for high end property and focus on affordable and social housing. The NHT was involved in funding the construction of some of those expensive high rise flats in Kingston.
It's already happening and watch and see how the banks will buy everything up amd bankrupt the middle class especially if y9u did not pay off ypur mortgage.
Places in Kingston double in value in 5 years, 10 years, some places in 2 years. Coming from a seasoned professional real estate agent, yet the most prime and sought after residential properties in St. Andrew, being the most centrally located, saw valuators play a nasty trick, a nasty game. This dirty trick and dirty game, saw the price from 1994 sale price, basically remaining the same or less in 2024, with GOJ seeking to increase property tax a few years ago, between 200+% to 600+%, as MOF views as the most expensive and most prime within KMA. All this, in addition to TCPA/NEPA/KSAMC doing everything in their power for the benefit of real estate developers, at the expense of property owners, by way of abdication of their duties, while simultaneously abusing the law, and or changing the laws, at the expense of property owners, to create a force sale, or undesirable sale price for developers to gobble up, then build out on to make hundreds of millions if not a billion dollars in real estate value. There is a word for this, it is called racketeering.
St.thomas development I am ASHAMED of you!!! Nothing about this presentation was good for Jamaicans. NOTHING!!! This brain dead behavior by black males globally is taking African countries nd the Caribbean backwards. How does average Jamaicans who do NOT EARN U.S DOLLARS afford this? What type of development is it if locals cannot afford to partake?
the reason why is the way how it’s right now, it’s because our country don’t have a real born citizens Jamaica 🇯🇲 that ruling our country that thinks about citizens of Jamaica, our Jamaica 🇯🇲 government America government buy our our $1 our $1 have no ust, to our own country Jamaica 🇯🇲? I’m in America and I’m going to buy a house, Jamaica money don’t have any things to do with that, but if I’m in Jamaica and I’m going to buy a house America money have to be in to it , that’s something is wrong, and I no what is wrong I no
Thats ridiculous. Why is Jamaicas real estate just getting expensive?? NO comparison to Manhattan. Manhattans amenities do not compare to my beloved Island. I am appalled. Who is buying? Foreigners? Companies? I am shocked and upset at the thought that I may be priced out of my own Island. I have two houses in USA. I would have to sell them both to afford a house in Jamaica, mortgage free. Crazy!!
I think I know the plaza , its in the barbican area. You are sitting nearby a coffee shop. Real Estate is too pricey. It is expensive here in Toronto too. Plan to rent my home here and return to Jamaica. I wish I had bought more here because the return is so much better.
Be careful, you are not living in a world of illusion and wishful thinking. Buying houses or properties in that type of environment is very risky. Let me share my experience with you. I have been in Jamaican court for the past three years to kick a tenant out of my apartment for no payment. A so-called landlord has no right in Jamaica. The court system is very corrupt.The outcome of a case depends on how much money you are willing to pay. In my case, I refuse to pay .
Where are the affordable homes being built for the average citizen?Where will they live in the next 10 years? They're selling all the land to foreign investors Jamaica will not be Jamaican soon.
Not to sound negative, but this perspective is from a place of wealth and success, one has to have sufficient capital to sufficiently invest and noticeably benefit from said investments, the average Jamaican will never be able to own a home if this cruel and unnecessary practice continues but ofc we should all know by now that Jamaica is not for Jamaicans
Demand, demand, demand reading a lot of the comments here guys you got to understand that the Jamaica market is high on demand with a lot of returning Residence and Foreigners the real estate market is going to skyrocket up.
I will certainly go and unsubscribe from your channel. Your brain is not wired for development that benefits an entire community, your goal is clearly self interest.
It's not only in jamaica . I live in Canada (vancouver), to be exact, and it's one of the most ridiculous places to live. I moved my family here 5 years ago and I've been paying rent . The average house price is 1 million canadian, and that's not downtown it's in the suburbs. You need 20 percent down payment that's $200,000 before you can start thinking of a house . Then you will need a mortage of 800,000( $4974 per month). The average house old income on bc is $90,000 before taxes. So, how can you pay $60,000 per year just for a mortgage? Daycare is $1600 per month . The houses are being built for foreigners everywhere, not just jamaica.
It's wrong to compare Canada's plight to Jamaica. The average Jamaican does not even earn ten thousand Jamaican dollars per week. Canada has infrastructure across the country, Jamaica only have a little infrastructure in tourist areas. What are they charging for? The worst thing I did for myself was to begin looking at Jamaican youtube channels, I realize how BACKWARDS and SLOW most of my people are and it's depressing.
Jamaicans need to be smart. In 2007, I bought a fixer upper home in an upscale KGN neighborhood for 28M JMD. I spent another 20M to renovate it. Now in 2023 it’s valued at 115 JMD and counting!!
@@nicolasvaquero290 obviously not everyone in JA can do this but if you have a better investment idea then we’ll be happy to hear it. As is typical with trolls such as yourself, I suspect that you don’t have a better idea. 😏
Investing crazy sums of money into an environment where once you leave your domicile, you would either witness, or hear of a murder scene, on a very regular basis, doesn't make sense, unless: 1. One has sentimental attachment to the environment; or 2. One doesn't intend to live on the property, and is only speculating on regular price increases, with a desire to contribute to such increases. Why are property prices in Jamaica on par with that of Florida, and Jamaica is not as well-developed? In such a regime, the average local consumer would be priced out of the market, and be forced to either endure such a system, or seek to migrate. Countries such as Singapore, started development by ensuring that the average resident is housed, as a priority. Jamaica will not develop in the prevailing circumstances, and such a situation benefits only a few of the local residents, which cannot last.
I'd recommend opening your mind just a little bit more. Look at developed markets in other parts of the world. Where were they 10 or 15 years before their real estate or economic booms? What economic or social indicators were prevalent before their economy took off? At the end of the day, do what you feel is best for you
@Throp I know there are upper-income areas, where the properties have higher value, and one pays for the area, etc. It's just that almost everywhere in Jamaica now seems like upper-income.
this guy is a realtor so don't listen to him he wants the prices to go up so he can fill his pocket we Jamaicans should be able to buy homes in our land, not billy joe
I know someone whose family owns a lot of land fertile land . However it’s located in a gang ridden crime ridden area. So all that beautiful land is going to waste. What would you suggest ?
Also think about the price of building material is very expencive especially when you are building with blocks and steel and digging foundation not like some of these pre fabric house some of these developers are building strong house cost a lot of money from workmen to material
I guess you just want to be a part of the conversation, but have no clue about building material, labor, import or export. smh. That's what the oppressors count on.
This is just an illusion created by corrupted Jamaican politicians. It is more than outrageous to see how difficult it is to kick out someone in your place for none payments. All system of justice is corrupted.
Most realtor in JA is scammers. I deal with them I know and they link with title people as well. look at those who call themself realtors who can't even describe the market.
Seems the presenter didn't know he had ONLY 15 minutes to present. And had a very interactive presentation planned. Coming from the Austrian who moved to jamaica to start farming who had a good amount of time for life story and all. Would have loved if he had at the very least 30 minutes. Womp
Property values in urban areas and tourist areas will always be disproportionate to the income of the avg citizen. Not unique to Jamaica. What the Jamaican govt needs to do is improve infrastructure (transportation, road network, Internet availability, cost of energy) and create employment opportunities outside of these areas so that the citizens can have a good quality of life wherever they live.
I am sure that Throp did not understand how extremely irrational, negative, and subversive some Jamaican people are. Some complain when good is being done, and complain when nothing is being done. Even the sign for Negril they complained about. These kinds of people do not want Jamaica to succeed or they will not have anything to complain about.
Despite the real-estate boom, the reality is that locals are priced out of the market and are not able to afford anything.
So where are the teachers, nurses and very essential but underpaid workers going to live? This is unsustainable.
They can live on capture land
Property values in urban areas and tourist areas will always be disproportionate to the income of the avg citizen. Not unique to Jamaica. What the Jamaican govt needs to do is improve infrastructure (transportation, road network, Internet availability, cost of energy) and create employment opportunities outside of these areas so that the citizens can have a good quality of life wherever they live.
While I’m all for Jamaica getting fair price for real estate, however, I believe there’s a false equivalency when comparing real estate prices in Jamaica vs. New York . We should be clear that access and investment in conveniences, such as, roadways, utilities, schools, hospitals , banks, government services, etc should be factored into pricing property. The fact is, Jamaica does not have the same level of access and conveniences vs. most places in the United States. The issue I see is that Jamaica is trying to price the same for similar properties but with much less conveniences.
They are clowns hahahaha
I agree with you. The problem is someone is buying. who?
@@MitzieEaves they are used as cash investment…..and also if u know u know who buying them
BUT the problem is, expensive areas are not ONLY tourist areas. The AVERAGE Jamaican is being priced out of a home....
They're not been price out they just want to live beyond their means. Why not start with a starter home?
@@uhuru27 Do you know the price of a starter home compared to a low income individual's salary? The problem is that most Jamaicans aren't earning enough to even afford a starter home
It's the same New York city area or Toronto (GTA) no average citizens can't buy a house in either of the two areas..average citizens have to live in Government housing or find themselves somewhere else out of the city.. expensive areas were not designed for low income people that's the first thing one has to understand
@@omarfrancis7685 So you're ok with people being unable to have housing whether it be owned or rented? That my friend is the problem between me and you, I will never be ok with any human being homeless or living in substandard housing just so rich people can feel a false sense of superiority over everyone else. Like he said in the video "expensive areas" are nothing more than perceived value, you only pay that much because of the area. I dont really care where people can get houses as long as they can get it.
No true. Some people in Jamaica just want a decent, affordable home; which is not abundantly available in Jamaica. That doesn't mean a mansion. You have to make up the point "everybody wants a mansion" to justify your ignorance. Also, interesting how you people fill people's heads with materialistic things and then become upset when that is what they want.
My opinion as to why Jamaica’s homes are expensive is the following:
1. Imported Materials are expensive
2. Jamaica is about not providing shelter for its’ citizens. Jamaica is about luring in foreigners to inherit Jamaica for long term
3. Jamaica 🇯🇲 is about doing everything that America is doing. So, if America or the world (who is often paying their citizens more for their salaries), is doing something admirable Jamaica 🇯🇲 will follow or behave as if it has the right to increase its’ real estate prices. 😢😢😢
Corruption is what killing Jamaica its not even the crime , its the corruption and why the house so expensive cause who a sell the house a try get Rich too quick, lol but watch the joke them soon of fe ago bring down the price.
The main problem is the cost of materials. Sometimes last year, in Trelawny, a sheet of plywood cost ten thousand dollars, and a piece of 2×4×14 cost six thousand dollars. This artificial increase is due to the monopoly in the local market. There is a problem also with the mindset of people. All is about colors and tribal politics.
"Corruption Crimes & Greed is the main cause of the problem in Jamaica 🇯🇲 can't come pare 2 MANHATTAN 2 JAMAICAN
Chances are that you join with a friend or family to purchase a home, or land 1n Jamaica as an investment,when the value goes up the friend or family set you up to be Killed ,and he or she control the investment.
Great information on building a home in Jamaica 😂
Thank God somebody decided to look into this madness of insane house prices in Jamaica.
The real estate agents have a lot to do with the exorbitant prices. The more they sell a house for ,the bigger is their fees so they will inflate prices to earn big commissions.
The real reason why the real estate in Jamaica has gotten out of hand, is because they are pricing for foreignors, its another type of scamming ........ People who go away to work, and returning residents come to Jamaica to buy or build a home, that's what we face.
Babu Looka you are so right. I remember going back as far as the early eighties you could go ,and view a piece of real estate, and if you mention that the price was too high the vendor would say " someone from foreign will soon come buy it ".
That’s everywhere
yap its a scam
Yep and this helps to encourage our Jamaicans to leave as well and then you cant find workers to build these houses.
how is it a scam? Do you want to be paid the most you can for you job? sure you are. the man who sells vegetables in the market, do they want to paid the most for their veg? sure bet.
the prices are going up due to demand. And if foreigners can afford it then the demand is there. to get the prices affordable then the government needs to levy things such as extra taxes when a foreigner buys Jamaican property. but to say it’s a scam is ludicrous
Why is Jamaica real estate running race with some of the most expensive, advanced cities in the world filled with opportunities? Poor medical services. Water and electricity cut offs are the order of the day. Are these new homes even solar powered for their exorbitant prices? Crime is out of control. Wages are a disgrace. The day laborers are paid less than US $30 a day on a housing project. Cost of materials is the same everywhere yet it is so much more affordable to own a home in Cleveland, Georgia and so many other places. Most disgraceful, is the NHT and i won't even touch on that
Finally a truth teller in the midst of a hoard of liars, amen to u
New York, Manhattan isn’t Kingston Jamaica. Manhattan is built on commerce of different cultures participating in a dynamic marketplace. You had skilled labours from all over Europe contributing and arbitraging value. Manhattan is valuable because of the opportunities available, as in the connections you can make. People move quickly, and money flows. I have hopes for Jamaica, however untill I hear plans of a train system to move people in and out of the Central business districts of Jamaica. speculative aspirations is concerning. Jamaica should aspire to be like Singapore. Singapore was poorer than Jamaica but it now demands the price is does because of infrastructure, banking system and a dynamic economic environment.
On point Kemar Lawrence, well said!!!!
America gave money to Singapore to get them out of poverty.
Singapore is also multicultural. I think they're successful because corruption is very low and investors rely on it .
PLEASE TEACH THEM....Zero public transportation or education or medical system....these prices make no sense. Everybody can invest to do AirBnB...with a million dollar home. MONEY LAUDERING us what's driving up the market....
@@WWEENETWORKExactly!
8 mile beach with pot holes? Naw it needs to be up to standard. That’s like having a 20 million dollar house with roach and rats. And you still haven’t gave a valid reason why real estate is overpriced In Jamaica. It’s NOT WORTH THE PRICES
Because he is a thief and scammer too.i was born there but will not live there
Houses are being built but not for the majority of Jamaicans and I am not taking about minimum wage earners, I am talking abooutphblic sector workers also private. Yes we encourage investment but if such investment is geared towards an international market is defeat the purpose of building more homes because the average working class will never be able to own a house especially in St Ann.
Whatever happened to NHT in Jamaica? Aren't they the ones responsible for helping working class Jamaicans to buy houses.
Thank god my family didn't have to depend on the government to build our house. We were able to start small and expand, on land owned by my grandmother in St Thomas.
Ruthven tower is a NHT development 40 mill selling price out price NHT benefits
A lecture on historical values and essences does not benefit people who cant afford to purchase.
He demonstrate that he has some formal knowledge. But not sure how to apply it.😢
@@cadizking8161I hope yoyr grandma left a will so the decendents can legally own the land.
Non-Jamaicans should be prohibited from investing in residential properties in Jamaica.
You beat me to making this same point... foreigners should be BANNED from buying real estate in Jamaica 🇯🇲...
Others countries have such a ban in place so the locals don't suffer... they don't understand this or they don't care?!?!
@@DV-lr8ec unfortunately the politicians who work to pass and implement these rules, regulations and laws are "licky licky". Send them a cheque and they'll do whatever you want.
If not completely banned. Better scrutizized. They should be relegated to areas most folks dont want to live to build it up, including building schools and hospitals to go with these communities.
My apologies Throp, but I must ask the presenter this worrying question about his statement, "... why Jamaican real estate is just getting expensive?" This statement implies that Jamaicans who earn a minimum wage are destined to be born, live, and die in Jamaica and never own a home. The abyss is widening!
I think the presenter’s job was to talk rubbish aka biased crop that has no substance. He has no concern about a better Jamaica. It appears as if his aim is to make money for himself and family. He reminds me of people whose aim is to temporarily gratify themselves as they kept destroying the environment and don’t care about the future of planet earth. 😢
He is doing it for foreigners or the richier Jamaican...asking about crypto
@@CenterPointConstruction It distresses me to imagine that Jamaica is for sale to foreigners and richer Jamaicans. Again, the people whose blood, sweat, and tears built Jamaica can't get a piece of the pie.😭
My view the realtors/ agents needs a very big commission, so they tell the home owners that they can get so much and so much for their houses, and in so doing ,alot of us cannot own a home.
That's still no excuse to have the house so sky high. The average Jamaicans cannot afford houses like these. Sooner or later Jamaicans will be a minority in their own country, just watch and see!
I’m so disappointed in this content. This guy is fundamentally flawed and he is NOT an expert in investing. As someone who wears an economist hat, I’m appalled. His points are anecdotal and subjective. Real estate is expensive in Jamaica because of supply and demand in higher end housing, bought mostly by foreigners and a small percentage of Jamaicans. Also, it is disingenuous to compare Jamaica with the USA, PLEASE STOP! I would not buy candy from this guy. Seventy percent of Jamaicans make less than $70 per week and you’re here bragging about Jamaica real estate? A corrupt government, high crime rate, broken healthcare and education system and a lack of proper housing for the average and poor people. . . No thank you! And no, most of us in the diaspora are NOT buying real estate in Jamaica. The diaspora is twice the population of Jamaicans living in Jamaica. I will come and start programs to help poor people.
It's so sad that the ignorance of people about Jamaica.
Where in the world people who never worked get a pension? Answer, Jamaica.
Where in the world does people have free health care, including treatment for cancer and cardiac surgery? They don't have to pay into insurance like Canada or UK. Jamaica and they get quality treatment.
Where in the world does a poor person gets a starter home for free? Jamaica.
Where in the world does children attend schools for free without paying property taxes? Jamaica.
You are wrong about people in the diaspora not moving back to Jamaica.
I know several of my friends who bought homes in gated communities there and the communities are 98% diasporians.
Every country has poor people. Not every person in needs wants help.
Jamaica has tons of social programs available for it's citizens but people too lazy or dumb to research what's available. Jamaica is a developing country. It's not a third world country anymore.
There are several professional Jamaicans who make more than Americans in the same field.
Well said. If it sounds too good to be true. Run as fast as you can.
Gypsy Girl well said. Excellent point its a supply and demand problem in Jamaica. Look at Cherry Garden and Norbrook. The demand for those areas drive up prices to record high. Can you imagine a 4 bedroom house there is like $1.3 millions USA dollars. Now most Jamaicans cannot afford to live there nor do they earn enough to get a mortgage. So, foreigners come in and buy up these properties. The real estate guy speaking have some great tips and knowledge but, did not understand how supply and demand works.
@@eileenwatt8283 I second this comment as a diaspora person who owns property in Jamaica
I like your reiterate. Iam not Jamaican and truly believe he is very flawed.
Beware of the bubble! Real estate cannot keep up constantly without a big correction. Last ones to invest will be the losers.
Simple they are trying to price the Jamaican people out of their homes.
That's why is so much crime
By starting the discussion with $$$ figures that the average minimum wage employee have never seen is ridiculous. Having high priced property without any rules and regulations is what is happening. Prices are going up but it doesn't mean that the property is actually worth it. And talking about loans and mortgages in the states and here is 2 different things.
You can open an account in the states and get a loan easier withing 1 year living over there than spending 30 years at the same bank in Jamaica.
So my mom die leave a wil for us and the guy that was taking care of one of the property had a judge kick my brother off the property and now he lives on … what is going on???now I have to go home to get this straightened out.
Yes Jamaica is beautiful but the government must do better-The infrastructure in many local communities across the island is atrocious. They collect a gas tax to fix the roads, yet they are deplorable in these poor areas. When frustrated people block the road, we have a government minister saying the government will not fix the roads where people are blocking them. Water provision, garbage collection, the list goes on. Better can be done.
All lies way too expensive...for the boxes...if you choose to buy your land and build will not even be half as much...its call greed and we all see how that ends...I STUDY AND WORK IN CONSTRUCTION...
You run the risk of pricing the poorer class of Jamaicans out of the market. I don’t know if I like this.
Not necessarily true. If price increases for rent, and people can’t pay rent. Then that investment will devalue, like that apartment building, however if rent increases then wages would need to be competitive to match demand in the market . I think this a lose, lose situation, why… construction costs are super high/with Jamaicans builders demanding the same costs as a United States development company and the process is inefficient. The consideration is what is an industry Jamaican would feel comfortable doubling down on to help propel the poorer class up, and not tourism. My recommendation would be to farming and urban framing, supply the world with what it needs at a fair value. If Ukrainians could cripple the market with this war then Jamaica could fill the gaps, and many then we can change the narrative, while improving people’s lives.
There are homes for everyone price point in Jamaica. The interest rate for a young person is very low. Many young people are purchasing their homes there.
That's your opinion.. real estate is hot now in Jamaica and the value will only increase even in a crisis situation..most of these houses that they building in certain built up areas is not for poor people to rent..it's for the middle class, rich and AB&B..Everything that man said is on point..I have seen it during the last years ago in Jamaica..
They also run the risk of pure money laundering buying up and driving up the market...ridiculously. The average hardworking Jamaican can't even get one to buy. Land owners are forced to take one unit while developers teef.. their land and make millions....
BRICS
BrazilRussiaIndiaChinaSouthAfrica
IMF nah feel it ...Russia and China a gwan too bad
Very Good information in Noel's presentation 👏🏽 👍🏽
Thanks for watching
I can't believe people really sitting down listening to all this nonsense
Foreignors work hard for their money too, sometimes 2 or 3 jobs but are always targeted.
You absolutely right, why should foreignor who left Jamaica have to now pay double just to support the Jamaican economy. People in jamaica think its easy, first generational parents that leave jamaica sacrifice so much just to provide for their children, and it wasn’t easy.
The houses are over price and don't worth the money
I honestly don't like the constant comparisons to NYC. Jamaica is a far different and younger economy, plus our culture is different. Residents and Citizens in Jamaica aren't forced to live on a credit system, so any weh de chord mawga it pop. Yuh either have it or can get it or you don't and can't. Otherwise, there was some good info included...especially the point that most the opportunities to capitalize on real estate in JA will disappear eventually and not come around again.
Fair enough. However, exactly what has happened in NYC is happening to Jamaica right now. The same can be said about Barcelona, Boston, Toronto and many other parts of the world. The point of the analogy is to understand what is going to happen to Jamaica based on what has happened in other parts of the world where this has occurred already. Yes NY is extremely different than Jamaica in very obvious ways. This does not mean we cannot apply the same economic modeling, a scaled version, to what is happening here to have a better understanding of what lies ahead. As it is Jamaica is follow the exact trajectory of other places around the world where this has already occurred for better or for worse. This is the reality
@@Throp no it won’t, because all of the areas you mentioned the properties are predominantly owned by people who live in their homes. For the ones that are not, the metro areas are magnets for migrants both domestic and international because of high paying jobs. If you buy property in Jamaica as someone living abroad you are very susceptible to be caught in a situation where you can’t find anybody to rent it to for the equivalent mortgage.
Very inspirational content from Noel, and I also found the comments on this segment from your viewers very interesting. Good job Throp you got a needed conversation started on Jamaicas home values
Thanks so much
Jamaica has poor security, administration, education, and health services. Where are the infrastructure in Jamaica trains,trams, even aeroplane? ✈️.
Why the government not pushing solar power energy cold Europe paying people to take solar. Jamaica is a 🔥 place in the tropics.
Regardless of your reasoning and I am not taking anything away from the value of our country and what it represents but the locals are totally priced out.
Jamaica should start use American dollars , instead of JA.dollars. since they are doing buisness using American dollars. They are not catering to Jamaican.
I wish people would stop talking about Jews as if they robbing people.
Every Jew is responsible for another Jew. There are no strangers among Jews.
If a Jewish person knocks on a Jewish home in the middle of the night and needs shelter that Jewish person is obligated to shelter that person. Although they don't know each other.
Judaism is a people hood. So Jews work together.
Other people and religion have no obligation to someone from their own race or tribe.
Manhattan has a lot of overpriced real estate. That includes commercial real estate which is why now 30-40% of the commercial space there is now empty.
And please stop comparing with the cities of the U.S.A.
Noel’s segment was so informative and inspirational that I had to come back and watch it again for a second time.
Yes, please explain to the world using your logic, why is it that Jamaica homes are so expensive.
To keep Jamaicans from the diaspora out new colonisers want jamaica but not the people so be careful what you eat and who you eat from depopulation is in progress so does health inspectors test samples of foodstuff coming in for hidden stuff that can affect fertility?
That's silly because it's the people that makes Jamaica what it is.
Without Jamaican people it's just another boring island with no flavor.
So that's not a valid argument.
@@eileenwatt8283 I dont thing you understand what is going on..
Most Jamaicans do not appreciate Jamaica, they all want to go foreign, so why not someone else inherit our beautiful island. It might do better by them.
I gree
@@koffi3415 I KNOW you don't understand what's going on. None of this is good for Jamaicans
Only thing the real estate agents is doing is pricing poor people like me out of a home....
This guy is a snake oil salesman, real estate is indeed a good investment vehicle, but it has drawbacks too, so he should also be talking about the drawbacks, too. Last year real estate speculators bought properties that are sitting idle, not making money for the investors, while they have to be paying mortgages.
Lol they all soon find out 😂. See the bank them all start crash already because of these bad investments. Good luck to them
Let’s hope the Jamaican tax payers don’t end up paying for those expensive high rise flats. The average price of a house should be 4 times the average income in the country. Whenever, the average house price becomes 8 times or 10 times the average income, the market could crash at anytime with the slightest disturbance.
It’s people’s money (depositors) the bank loaned out to purchase those expensive flats. Should the owners of those flats defaulted on their payments due to any shocks in the market, people will not be able to get their money from the banks, leading to long queues outside the banks (Run on the banks).
This is where the government would then need to step in and pump taxpayers money into the banks, to calm the market and allow ordinary people to withdraw their money, so that they can buy food and pay their bills. I think the government is trying to slow the inflated house prices, there was an announcement last year where that National Housing Trust should stop lend money for high end property and focus on affordable and social housing. The NHT was involved in funding the construction of some of those expensive high rise flats in Kingston.
It's already happening and watch and see how the banks will buy everything up amd bankrupt the middle class especially if y9u did not pay off ypur mortgage.
Places in Kingston double in value in 5 years, 10 years, some places in 2 years.
Coming from a seasoned professional real estate agent, yet the most prime and sought after residential properties in St. Andrew, being the most centrally located, saw valuators play a nasty trick, a nasty game.
This dirty trick and dirty game, saw the price from 1994 sale price, basically remaining the same or less in 2024, with GOJ seeking to increase property tax a few years ago, between 200+% to 600+%, as MOF views as the most expensive and most prime within KMA.
All this, in addition to TCPA/NEPA/KSAMC doing everything in their power for the benefit of real estate developers, at the expense of property owners, by way of abdication of their duties, while simultaneously abusing the law, and or changing the laws, at the expense of property owners, to create a force sale, or undesirable sale price for developers to gobble up, then build out on to make hundreds of millions if not a billion dollars in real estate value.
There is a word for this, it is called racketeering.
This was very very informative..I thank you for sharing..Especially the info on portland...
I always enjoy you chat with Noel
Thank you for watching
St.thomas development I am ASHAMED of you!!! Nothing about this presentation was good for Jamaicans. NOTHING!!! This brain dead behavior by black males globally is taking African countries nd the Caribbean backwards. How does average Jamaicans who do NOT EARN U.S DOLLARS afford this? What type of development is it if locals cannot afford to partake?
the reason why is the way how it’s right now, it’s because our country don’t have a real born citizens Jamaica 🇯🇲 that ruling our country that thinks about citizens of Jamaica, our Jamaica 🇯🇲 government America government buy our our $1 our $1 have no ust, to our own country Jamaica 🇯🇲? I’m in America and I’m going to buy a house, Jamaica money don’t have any things to do with that, but if I’m in Jamaica and I’m going to buy a house America money have to be in to it , that’s something is wrong, and I no what is wrong I no
at the end of the day foreign investors cannot vote. if as Jamaicans we dont like what we are seeing VOTE accordingly.
Thats ridiculous. Why is Jamaicas real estate just getting expensive?? NO comparison to Manhattan. Manhattans amenities do not compare to my beloved Island. I am appalled. Who is buying? Foreigners? Companies? I am shocked and upset at the thought that I may be priced out of my own Island. I have two houses in USA. I would have to sell them both to afford a house in Jamaica, mortgage free. Crazy!!
I think I know the plaza , its in the barbican area. You are sitting nearby a coffee shop. Real Estate is too pricey. It is expensive here in Toronto too. Plan to rent my home here and return to Jamaica. I wish I had bought more here because the return is so much better.
Be careful, you are not living in a world of illusion and wishful thinking. Buying houses or properties in that type of environment is very risky. Let me share my experience with you. I have been in Jamaican court for the past three years to kick a tenant out of my apartment for no payment. A so-called landlord has no right in Jamaica. The court system is very corrupt.The outcome of a case depends on how much money you are willing to pay. In my case, I refuse to pay .
Where are the affordable homes being built for the average citizen?Where will they live in the next 10 years? They're selling all the land to foreign investors Jamaica will not be Jamaican soon.
Not to sound negative, but this perspective is from a place of wealth and success, one has to have sufficient capital to sufficiently invest and noticeably benefit from said investments, the average Jamaican will never be able to own a home if this cruel and unnecessary practice continues but ofc we should all know by now that Jamaica is not for Jamaicans
Not hearing from Thorpe seems something is wrong with his microphone
The mic knows this conversation is nonsense.
Demand, demand, demand reading a lot of the comments here guys you got to understand that the Jamaica market is high on demand with a lot of returning Residence and Foreigners the real estate market is going to skyrocket up.
One would have to give Scotia the land title. Make sense what he's saying though.
St.Thomas real-estate is now bubbling with the gradual build out of the Southern Coastal Highway.
I’m hearing the same
I will certainly go and unsubscribe from your channel. Your brain is not wired for development that benefits an entire community, your goal is clearly self interest.
It's not only in jamaica . I live in Canada (vancouver), to be exact, and it's one of the most ridiculous places to live. I moved my family here 5 years ago and I've been paying rent . The average house price is 1 million canadian, and that's not downtown it's in the suburbs. You need 20 percent down payment that's $200,000 before you can start thinking of a house . Then you will need a mortage of 800,000( $4974 per month). The average house old income on bc is $90,000 before taxes. So, how can you pay $60,000 per year just for a mortgage? Daycare is $1600 per month . The houses are being built for foreigners everywhere, not just jamaica.
It's wrong to compare Canada's plight to Jamaica. The average Jamaican does not even earn ten thousand Jamaican dollars per week. Canada has infrastructure across the country, Jamaica only have a little infrastructure in tourist areas. What are they charging for? The worst thing I did for myself was to begin looking at Jamaican youtube channels, I realize how BACKWARDS and SLOW most of my people are and it's depressing.
There is no loyalty.
Y’all want big houses and apartments in Jamaica and yet instead of using lands that aren’t that fertile they build on the fertile ones.
Jamaicans need to be smart. In 2007, I bought a
fixer upper home in an upscale KGN neighborhood for 28M JMD. I spent another 20M to renovate it. Now in 2023 it’s valued at 115 JMD and counting!!
Ho yeah everybody in Jamaica shoudl invest 50M in a fixer upper right now so everybody is rich in 15 years ! Thanks SO much for the advice !
@@nicolasvaquero290 obviously not everyone in JA can do this but if you have a better investment idea then we’ll be happy to hear it. As is typical with trolls such as yourself, I suspect that you don’t have a better idea. 😏
@@MarciaSantos-ox1fk You missed another chance to just stay silent.
Becus they r not making the houses for locals
Investing crazy sums of money into an environment where once you leave your domicile, you would either witness, or hear of a murder scene, on a very regular basis, doesn't make sense, unless:
1. One has sentimental attachment to the environment; or
2. One doesn't intend to live on the property, and is only speculating on regular price increases, with a desire to contribute to such increases.
Why are property prices in Jamaica on par with that of Florida, and Jamaica is not as well-developed? In such a regime, the average local consumer would be priced out of the market, and be forced to either endure such a system, or seek to migrate.
Countries such as Singapore, started development by ensuring that the average resident is housed, as a priority. Jamaica will not develop in the prevailing circumstances, and such a situation benefits only a few of the local residents, which cannot last.
I'd recommend opening your mind just a little bit more. Look at developed markets in other parts of the world. Where were they 10 or 15 years before their real estate or economic booms? What economic or social indicators were prevalent before their economy took off? At the end of the day, do what you feel is best for you
@Throp
I know there are upper-income areas, where the properties have higher value, and one pays for the area, etc. It's just that almost everywhere in Jamaica now seems like upper-income.
this guy is a realtor so don't listen to him he wants the prices to go up so he can fill his pocket we Jamaicans should be able to buy homes in our land, not billy joe
Because someone will buy it.
Binance is just a Crypto platform
He is correct. I live in Boscobel close to the airport and the value of my property quadrupled
typical SELF INTEREST greedy fool.
I know someone whose family owns a lot of land fertile land . However it’s located in a gang ridden crime ridden area. So all that beautiful land is going to waste. What would you suggest ?
Don't get killed. Tada
Also think about the price of building material is very expencive especially when you are building with blocks and steel and digging foundation not like some of these pre fabric house some of these developers are building strong house cost a lot of money from workmen to material
Good point
I guess you just want to be a part of the conversation, but have no clue about building material, labor, import or export. smh. That's what the oppressors count on.
Throp I tell you brother love you show that brother is telling true
Thanks so much!
I do
realtors only care about their commissions
In the land of the blind the one eyed man is king…
Scammers
Real estate doesn’t store wealth in ghetto
❤❤❤❤❤
thanks so much!
Yet people expect to live at your house for free and pay little or nothing for rent. That is so wrong.
This is just an illusion created by corrupted Jamaican politicians. It is more than outrageous to see how difficult it is to kick out someone in your place for none payments. All system of justice is corrupted.
Man av talks🙇♂️
Most realtor in JA is scammers. I deal with them I know and they link with title people as well. look at those who call themself realtors who can't even describe the market.
sorry to hear that's been your experience
where can I contact Noel Phillips?
This clown is trying to justify is greed ,jamaica houses should not be so expensive just avoid them and go build yourself .
These damn sellouts disgust me!!!
I’m just going to Unfollow this guy
Seems the presenter didn't know he had ONLY 15 minutes to present. And had a very interactive presentation planned. Coming from the Austrian who moved to jamaica to start farming who had a good amount of time for life story and all. Would have loved if he had at the very least 30 minutes. Womp
mentally ill....smh.
The speaker is all over the place
Property values in urban areas and tourist areas will always be disproportionate to the income of the avg citizen. Not unique to Jamaica. What the Jamaican govt needs to do is improve infrastructure (transportation, road network, Internet availability, cost of energy) and create employment opportunities outside of these areas so that the citizens can have a good quality of life wherever they live.
I see destroyed shacks selling for like 60k US - 80k Us, there is indeed a problem
Greed and more Greed, this presenter needs to do his research on China and Russia, and Brazil is going down a path that is not good. Good.
Greed
Jamaican when investing come them poor when party time comes them is the richest one in the house
I am sure that Throp did not understand how extremely irrational, negative, and subversive some Jamaican people are. Some complain when good is being done, and complain when nothing is being done. Even the sign for Negril they complained about. These kinds of people do not want Jamaica to succeed or they will not have anything to complain about.