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Paradise Lost? Act 22, Airbnbs, and the Struggle for Affordable Housing in Puerto Rico

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affordable housing

Puerto Rico, a vibrant island territory of the United States, faces a complex challenge: a shortage of affordable housing. This issue has intensified in recent years, fueled by two factors: Act 22 and the rise of Airbnb rentals. Let’s delve into how these seemingly disparate forces are contributing to the housing crisis in Puerto Rico. Act 22: A Double-Edged Sword Act 22, also known as Act 60, is an economic development program designed to attract investors and entrepreneurs to Puerto Rico. The program offers significant tax breaks to individuals who…

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the Mortgage Process in Puerto Rico

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Process of Obtaining a Mortgage The process of obtaining a mortgage for buying a home in Puerto Rico is similar to the process in many other places, but there are some specific aspects to consider due to Puerto Rico’s unique status as a territory of the United States. In this essay, I will outline the general steps involved in the mortgage process for purchasing a home in Puerto Rico. The first step in the mortgage process is to assess your financial situation and determine how much you can afford. This…

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How to Sell Your Home in a Slow Market

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Home for Sale

The real estate market has slowed down in many areas that were booming over the last few years. Sellers in those areas got spoiled. It was only necessary to put a sign out front, and buyers came. Homes sold in a matter of days. This is no longer happening. If you want to sell your home in a slow area, what do you do? Go Back to Marketing Basics Whether you are selling your home yourself or working with a realtor, the answer is the same. Go back to marketing…

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Understanding Building Permits: A General Contractor’s Perspective

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This article aims to provide an understanding of the various elements revolving around building permits from the perspective of a general contractor, offering insights into the importance of these permits, how they influence construction projects, and best practices for effective permit management. Why Are Building Permits Necessary? Building permits play a pivotal role in construction for several reasons: Safety and Health: They ensure all construction projects adhere to the standards for safety and health. This reduces the risk of accidents during and post-construction and ensures the well-being of occupants. Regulatory…

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Cornelius, NC Relocation Made Easy: Stress-Free Moving Tips 2023

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In this blog post, we’re here to help you navigate your move to Cornelius, North Carolina in 2023. We understand that the choice of movers plays a pivotal role in this process, so we’ll start by emphasizing their significance. Relocating to Cornelius, NC is an exciting endeavor, but it can be laden with stress if not executed thoughtfully. Whether you’re moving for work, family, or a fresh start, we’re here to provide you with invaluable tips for a seamless transition. The key to a successful move often hinges on the…

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Effective Packing Tips for Long Distance Moves from Nashville TN

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Moving can be both an exciting and difficult event, especially if it requires traveling long distances. Effective packing becomes essential to create a seamless transfer if you’re considering a move from Nashville, Tennessee, to a new area. To make your long-distance move simple, we’ll give you professional guidance and packing suggestions in this detailed guide. We can help you with everything from packing the proper items to organizing your stuff. Decluttering and Organizing Your Belongings Spend some time organizing and decluttering your possessions before you begin packing. This is looking…

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Efficient Suburb-to-Suburb Moves in Alexandria VA

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It may seem simple to move within Alexandria, Virginia’s suburban areas from one to the next. However, to ensure a seamless transition, effective suburb-to-suburb transitions require careful planning and execution. We will examine the essential techniques and tactics to make your suburban move in Alexandria, Virginia, as effective as possible in this complete guide. We’ve got you covered on everything from packing advice to picking the best moving company. Planning Your Suburb-to-Suburb Move Setting a Timeline Making a timeline is one of the initial tasks in moving planning. Making a…

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Moving During Peak Season in San Jose – Tips and Tricks

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Moving to a new house can be an exciting experience, but it can also be a difficult process, particularly if you’re doing it at the peak of the tourist season in a busy city like San Jose. This article will help you navigate the process smoothly whether you’re moving for a new work opportunity, upgrading to a larger apartment, or simply looking for a change of scenery. We’ll cover everything in this thorough guide, from organizing and packing to hiring movers and settling into your new San Jose home. Understanding…

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What to Think About When Heating Your Home

Johnnie Puerto Rico

When winter arrives, most homeowners have to start heating their homes. This can be a costly process, especially if you are not prepared. Here are a few of the key things that you need to think about when heating your home.  Costs Heating your home is an essential part of maintaining a comfortable, healthy environment in which to live, but it is also important to be conscious of the cost involved. Many homes are equipped with natural gas heating systems that can be surprisingly economical over time if properly maintained, or there…

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Tips for Selling Your Home When it Needs Work

Johnnie Puerto Rico

Are you looking to sell your home, but it needs a little bit of work? Don’t worry – you’re not alone. Many homeowners find themselves in this situation at some point. The good news is that there are things you can do to make your home more appealing to buyers, and increase the chances of selling it quickly and for a good price. Here are three top tips for selling your home when it needs work. Hire a Contractor One tip for selling your home when it needs work is…

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