PORT-AU-PRINCE’S REAL ESTATE MARKET
March 1st, 2010
BY GARRY PIERRE-PIERRE The property market of the Haitian capital Port-au-Prince was decimated by the earthquake and has yet to even start recovering. Its entire central district can no longer really be called a business centre. Prime Minister Jean-Max Bellerive has estimated that 30,000 businesses have been lost in Haiti, with Port-au-Price suffering the brunt of the quake. Other estimates have suggested that the residential housing stock of the capital has been at least 40% destroyed. Of the remainder, 80% is damaged, with problems ranging from severe to ...
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