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People Of Cuba Will Soon Be Allowed To Buy And Sell Homes!

| Filed under: Legal MattersPolitikCubismoBusiness BlitzFor Reals Estate

cuba to allow buying and selling of homes soon

Go Cuba!

We're very pleased to announce that citizens of Cuba will be allowed to legally buy and sell homes by the end of the year.

While we'd certainly consider this to be a positive step in the right direction, there are others who don't feel that way and are concerned about the possibility of "higher prices, mass relocation, [and] property taxes."

There will also be some regulations, such as the requirement that Cubans maintain full-time residency at their home AND that they'll only be allowed to buy one home or apartment for themselves.

The positives will definitely outweigh the negatives though. The legalization of buying/selling houses is likely to create jobs, expand banking, and Cuban-Americans will be able to send money to relatives looking to get involved in real estate, which could help with the country's "economic success."

We'll be crossing our fingers that everything goes well with this major change.

Good luck, Cuba! We're proud of you!

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7 comments to “People Of Cuba Will Soon Be Allowed To Buy And Sell Homes!”

  1. 1

    oh no. poor cuba. the commercialization of the basic human needs of food, water and shelter has become the curse of the capitalist culture. now cubas poor will be in the same situation as poor all over the world, vulnerable to price fluctuations like those that have seen homelessness soar in the US and UK recently during the recession.

  2. cknee says – reply to this


    you would think in todays day in age people would be allowed to have such basic rights, so glad I live in the US.

  3. 3

    Wish I could buy a home anywhere (although Cuba would not be top of my list as a senior who needs to be close to good medical care). Guess I will keep buying a lottery ticket once or twice a week.

  4. 4

    Wow, I had no idea they weren't even allowed to own real estate.

  5. 5

    good - now go back. and take your mom.

  6. 6

    No No No enough of that sending money home crap, earn it here spend it here or go back where you came from sans the cash……

  7. @v@ says – reply to this


    Re: D-INCARNATION – Tell that to the big money now off shore that would actually make some kind of a dent…and they're not Cuban ex-pats.