Cuba Legalizing Private Residential Property
According to Cuba's state-run newspaper, Cubans will be able to buy and sell residential property starting November 10. Damien Cave reports on the "excitement and fear" involved in the creation of a housing market and the future of the cities.
"'With a housing market, suddenly people have some wealth and that's a stake in the economy that generates activity,' said Ted Henken, a Latin American Studies professor at Baruch College in New York. He added: 'This is a very positive step in the right direction.'
Yet there are also significant social concerns. Mario Coyula, Havana's director of urbanism and architecture in the 1970s and ‘80s, said that wide-scale buying and selling will lead to a 'huge rearrangement' in Havana and other cities as wealthy Cubans move to better areas."
Published on Thursday, November 3, 2011 in
- D.C. Will Say Goodbye to RFK Stadium
- 28,000 Homes Planned for Desert Southeast of Tucson
- Google's San Jose Transit Village Plans Revealed
- The Varied Career of a Transit Service Planner
- The Life and Death of Neighborhood Rebrandings
- 150 Acres of Undeveloped Land to Become 2,350 Homes Outside Denver
- California to Las Vegas High-Speed Rail: Expected for Construction in 2020
- Anti-Development Forces Strike at L.A.'s Transit Oriented Communities Program
- New York City 'More Congested Than Ever'
- What Walk Buttons Do (and Don't Do)
- Lessons in Tax Increment Financing
- Seattle Ponders Improvements to Ballard Bridge for All Modes of Transport
- L.A. Unveils Plans for Historic Water Infrastructure Tax
- France's Transit Ridership Booms as the USA's Busts
- Your County May Not be Very Good at Accessing Community Development Funding
- Toronto's New Affordable Housing Program Yields 651 New Units
- The High Cost of Cool Air
- After Rash of Pedestrian Deaths, Texas Looks to Create Safety Initiative
- Fewer Bus Stops in Pittsburgh
- Batteries Replacing Horses in the Carriage Industry
