Over the past six years, housing affordability on the island has deteriorated significantly, driven by a perfect storm of skyrocketing property values, stubborn mortgage rates and stagnant household incomes. By THE STAR STAFF The dream of homeownership is slipping further out of reach for the average Puerto Rican family. Over the past six years, housing affordability on the island has deteriorated significantly, driven by a perfect storm of skyrocketing property values, stubborn mortgage…
