Panama City is currently experiencing unprecedented growth in all sectors of its economy.' An abundance of foreign investment, coupled with a stable socio-political environment, and several large infrastructure investments by the Panamanian government, created a boom of economic expansion in Panama's capital city.2 This recent surge in enterprise has led to several societal benefits, including growth in the middle-class and an influx in employment. 3 However, as with most economic upheavals, this recent surge is not without negative repercussions. In the twentieth century, housing shortages plagued Panama. Exacerbated by the current economic trend, these housing shortages are likely to continue into the twenty-first century.
Rogers, Eric J.D.
"Out with the Old in with the New: Housing Issues for the Middle-Class in Panama City, Panama,"
Tennessee Journal of Law & Policy:
2, Article 11.
Available at: http://trace.tennessee.edu/tjlp/vol4/iss2/11