There is a shift happening in the global housing market—quiet at first, but increasingly difficult to ignore.
In the United Kingdom, the private rented sector (PRS) has begun to shrink. According to Savills, its value has fallen by £79 billion since 2022, including a £48 billion drop in 2025 alone. Over the same period, owner-occupied housing has surged, driven by rising mortgage activity and a steady transfer of properties out of the rental pool.
At first glance, it looks like a simple story: more people buying homes, fewer renting them.
But beneath that surface lies something more complex—and more instructive for markets like Jamaica.
