Inflation has averaged just below 2 per cent since we implemented the target, and both output growth and inflation have been much more stable relative to before 1991.
Conservative estimates suggest that the housing shortage overhang could reach at least 80,000 units at the end of the next ten years. More than half of this massive, unsatisfied demand for housing will come from low-income groups who, according to the latest 2008/2009 Household Budgetary Survey, earn under $ per month. Affordability is a main explanation of the housing shortage in Trinidad and Tobago.