November 7, 2011

OCCUPY THE CASTROS!:

Cuba Legalizes Private Property Sales (VOA News, 11/03/11)

Cuba says it will allow people to buy and sell homes for the first time in more than 50 years.

Cuba's Granma -- official newspaper of the Communist Party -- announced the move Thursday, saying it applies to Cuban citizens and permanent residents.

The new law, set to take effect November 10, is part of a series of reforms President Raul Castro has undertaken in an effort to boost the communist-led island's economy. Under the new rules, Cubans will be able to own one main residence and one secondary home.

Posted by at November 7, 2011 6:12 AM
  

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