MercoPress, en Español

Montevideo, May 20th 2019 - 08:40 UTC

Cubans can now build their homes with own private funds

Monday, January 5th 2009 - 20:00 UTC
Full article

Cubans will be permitted to build their own homes using their own private funds, President Raul Castro announced on Sunday, in the latest reforms to back off the centralized economy hard-line orthodoxy of the past five decades.

Home construction in Cuba primarily has been left to the government, but demand has outstripped supply and a dire lack of housing has greatly frustrated the island's eleven million inhabitants. Raul Castro said the policy change would allow the quick construction of hundreds of thousands of new dwellings. They will be told "OK, here you can build. I've given you this amount of space, that amount of room for a street, and that amount for a sidewalk. Now build your little home with whatever you can" said Castro on a local television program. His remarks were made as he visited the newly built "La Risueña" neighbourhood, a settlement of Venezuela-built homes erected with the help of oil money that has lessened, but not erased, the housing deficit. The announcement comes just days after Cuba's celebration of the 50-year anniversary of its 1959 Revolution. Former leader Fidel Castro was a no-show at the celebrations. Havana has succeeded in building only about half its annual goal of 100,000 new homes per year, and the dearth of dwellings worsened last year after Cuba was struck in succession by three hurricanes that levelled around a half million homes. Over the past year, reforms initiated by the younger Castro brother have included putting vacant farmland in private hands, increasing farmers' pay, and allowing private contractors such as taxi drivers back into Cuba's transport sector. Raul Castro also has allowed Cubans to buy computers, own mobile telephones, rent cars and spend nights in hotels previously accessible only to foreigners -- provided they can afford such luxuries on the meagre average pay, equivalent to about 17 dollars per month.

Categories: Politics, Latin America.

Top Comments

Disclaimer & comment rules

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!