Costa Rican lawmakers move forward with bill to lower cap on rent hikes
L. Arias -
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
L. Arias -
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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