Mr. Speaker, I rise to bring extremely positive news in relation to an election pledge made by this Government in its 2020 Election Manifesto – to improve the quality of life for all Bermudians.
Mr. Speaker, honourable colleagues in the Chamber today and the listening public shall already be acutely aware: housing prices, mortgage interest rates and rental prices have been on a continuous rise worldwide.
In Bermuda, the monthly rental rates range as follows: