Tag: housing crisis
US consultants working on draft housing policy
(CNS): Public Works LLC, the US-based consultants contracted by the UPM government to draft the Cayman Islands’ first housing policy, has begun work on that document, according to ministry officials. Since winning the CI$276,750 contract last October, the consultants have carried out a public consultation, including an online survey, and met with stakeholders and focus […]
Survey launched to help UPM with housing challenge
(CNS): Almost two years after the government established a cross-ministerial task force to examine the housing crisis in the Cayman Islands and develop a policy, it is now seeking ideas from the public. Fuelled by competing demands and exceptionally high prices, the housing market in Cayman has become unaffordable for almost all but the very […]
DP calls for 30-storey buildings away from beach
(CNS): Deputy Premier Chris Saunders has called for a conversation about a policy change that would allow for much taller buildings on Grand Cayman that are well away from the beach. Saunders has suggested this as a solution to the housing crisis that the country is now facing and to enable an increase in room […]