Category: Cuba

Month in Review: February, 2012

4 May, 2012 (10:30) | Admin, Apartments, California, Cuba, Eviction, Global news, Greece, Housing, Land use, Month in review, Moving, Production, Speculation, Travelers, United Kingdom |

[Previous Month in Reviews available here: Jan 12, Dec 11.]   By:David A. Smith   All housing starts with the micro, and February featured three stories that illustrate micro-markets in action, starting with the deflating history that people you thought were your friends now see you as just a charitable benefactor, in Rent as social […]

Real estate’s Prometheus unbound: Part 2, fast revival?

22 February, 2012 (09:30) | Communism, Cuba, Development, Entrepreneur, Global news, Havana, Homeownership, Markets, Property Rights, Redevelopment, Rent control |

[Continued from yesterday's Part 1.]   By:David A. Smith   In yesterday’s post, via a New York Times article oblivious to the implications of the phenomena it was reported, we swiftly recapitulated Cuba’s half-century of economic failure, as visibly seen every day in Havana’s decaying properties.  Now that decay has finally reached its ending point, […]

Real estate’s Prometheus unbound: Part 1, slow decline

21 February, 2012 (09:11) | Communism, Cuba, Development, Entrepreneur, Global news, Havana, Homeownership, Markets, Property Rights, Redevelopment, Rent control |

By:David A. Smith   What killed Havana, and what will revive it?  That question lies answered even if unasked in a New York Times article that reports a remarkable and remarkably hopeful mini-revival in Cuba:   Havana — As fixer-uppers go, Carmen Martinez’s derelict shotgun house is no cakewalk. The living-room roof collapsed 15 years […]