In Puerto Rico, the discussion on housing scarcity and housing affordability has been a topic of debate in recent months. However, much of what is being discussed lacks real foundations and rigorous analysis. The debate is clouded by strong ideological passions, especially around the alleged influence of investors attracted by the incentives of Law 60 (formerly known as Law 22 of 2012) and the gentrification process.
However, it is crucial to approach this issue with an objective and data-driven look. The housing crisis cannot be attributed solely to the presence of investors or to gentrification. A deeper analysis is needed to understand the multiple underlying causes of this problem.
In our article, we will explore in detail the various causes of housing shortages and housing affordability in Puerto Rico, highlighting the importance of a balanced and evidence-based approach to address this challenge. It is crucial to set aside ideological passions and work toward concrete solutions that benefit the entire community.
