NASSAU, Bahamas — An ex-Bahamas Real Estate Association (BREA) president is anticipating a $45-$50m economic boost when the Government releases 300 more plots into its low-cost serviced lots initiative.
Pat Strachan, pictured, told Tribune Business he had been informed by the prime minister that the administration was “getting ready” to put more lots on the market in the Dignity Gardens area as efforts to enable more Bahamians to “own a piece of the rock” gather pace.
He branded the initiative as vital “to getting the economy moving north” by increasing construction industry activity, as well as increasing affordable home ownership among the Bahamian middle and lower middle class. http://www.tribune242.com/news/2018/aug/24/ex-brea-chief-eyes-45-50m-govt-lot-boost/?news
