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Costa Rica
Friday, May 27, 2022

Costa Rican lawmakers move forward with bill to lower cap on rent hikes

If approved by the full Assembly, yearly rent increases would be capped at 10 percent, down from the current 15 percent.

Middle-income families still struggle to buy a home in Costa Rica despite more lending

During President Laura Chinchilla's term from 2010-2014, administration officials and lawmakers passed nine pieces of legislation and one executive decree aimed at helping middle-income Ticos buy homes. Yet despite the effort, little was accomplished toward the goal of increasing the number of homeowners nationwide.
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