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Almost 63 per cent of Jamaicans lived in their own homes in 2008, reflecting a 2.9 per cent increase in home ownership over 2007.According to the Jamaica Survey of Living Conditions (JSLC) for that year, home ownership increased four per cent in the Kingston Metropolitan Area (KMA), and 4.9 per cent in rural areas, with the latter accounting for the largest proportion of home ownership, at 72.8 per cent.
Regarding other common household tenure types, the reports says 19.1 per cent of Jamaicans occupied rented or leased property, while 17.1 per cent of the population lived rent-free, pointing out that the pattern of household tenure remained consistent over the past decade.
While noting general increases in the trend of home ownership and rent-free living, the Survey points out that there has been a decline in the percentage of persons renting or leasing properties.
“The proportion of households living rent-free ranged from 14.1 per cent in other towns to 18.1 per cent in rural areas, with a national average of 17.1 per cent. Rented or leased properties were most popular among households in the KMA (recording) 30 per cent,” the report informs.
The JSLC is researched and published jointly by the Planning Institute of Jamaica (PIOJ) and Statistical Institute of Jamaica (STATIN).