Posts
GLOBALPOST/ New information/ East of Caracas is Ciudad Mariche, the first of 55 planned "socialist cities" that the government hopes will solve Venezuela's chronic housing shortage as well as its poverty and crime problems. The goal is to persuade people to leave the barrios and return to the countryside. But without any property rights to the apartments. The new properties are labelled "communal property" and cannot be sold on or rented out.
08 April 2010
VENEZUELA: Chavez's 55 Socialist Planned Cities, New Homes, No Property Rights.
GLOBALPOST/ New information/ East of Caracas is Ciudad Mariche, the first of 55 planned "socialist cities" that the government hopes will solve Venezuela's chronic housing shortage as well as its poverty and crime problems. The goal is to persuade people to leave the barrios and return to the countryside. But without any property rights to the apartments. The new properties are labelled "communal property" and cannot be sold on or rented out.
