Cuba’s Housing Boom

By First • Jan 28th, 2008 • Category: The Feed

SOURCE: With a Whisper, Cuba’s Housing Market Booms , Marc Lacey, The New York Times

HAVANA — Virtually every square foot of this capital city is owned by the socialist state, which would seem sure to put a damper on the buying and selling of property.

Cubans interested in finding new homes gather every Saturday on one of Havana’s grand boulevards to swap information.

But the people of Havana, it turns out, are as obsessed with real estate as, say, condo-crazy New Yorkers, and have similar dreams of more elbow room, not to mention the desire for hot water, their own toilets and roofs that do not let the rain seep indoors.

Read the rest of this story HERE.

Photo: Jose Goitia for The New York Times
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