Summary
HAVANA (AP) -- Each morning before the sun rises too high, Cubans gather at a shaded corner in central Havana, mingling as though at a cocktail party. The icebreaker is always the same: "What are you offering?"
This is Cuba's informal real-estate bazaar, where a chronic housing shortage brings everyone from newlyweds to retirees together to strike deals that often involve thousands of dollars in under- the-table payments. They're breaking not just the law but communist doctrine by trading and profiting in property, and now their government is about to get in on the action.See the full content of this document
Extract
; Leader Oks Legal Selling of Homes.
President Raul Castro has pledged to legalize the purchase and sale of homes by the end of the year, bringing this informal market out of the shadows as part of an economic reform package under which Cuba is alre...
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