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prima:Puerto Rico’s housing shortage puts homeownership out of reach for many young buyers

With home prices far outpacing income growth and little new construction, young professionals in the island face growing challenges in finding an affordable first home, according to economists, lenders and prospective buyers

May 15, 2026 - 12:37 PM

According to Castillo Pagán, public nuisances and vacant units could total 70,000. (Ramón "Tonito" Zayas)

Young people, those first-time buyers looking to save in an increasingly difficult economy, are the group most affected by the lack of housing and the absence of new construction, according to interviewees.

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