March 3, 2013

An interesting look at Cuba

I have always had a soft spot for Cuba. They used to be a great friend of the USA until Castro, Che (don't get me started) and Batista collapsed the government and turned it into the workers paradise it is now. Things were OK for Cuban citizens until Reagan outspent the Soviets and the Russian Communist Party died and Cuba stopped getting Russian support -- Cuba ran out of other people's money. I have known a couple Cubans and they still love their country, just not their government. An interesting post-Castro idea from Walter Russell Mead:
Cuba After Castro
Last year for the first time Cuba�s government allowed a private party to sell real estate property to another private party, and now the country�s real estate market is thriving. Prices are up, and the number of houses for sale keeps growing, according to a recent article on the New America Media site.

The new properties are drawing interest from Mexicans looking to live in Cuba, and also from Americans:
�I�d love to have a vacation house in the Vedado, or a beachfront property in Mirarmar,� said David, a long-time California resident whose wife is Cuban. David, who asked that his last name not be used, added he is hopeful that through his wife�s family in Cuba he will be able to find an investment property.
A bit more:
If the US loosens restrictions on American travel to Cuba, and Cuba adopts something like Panama�s special discount program for retirees, the country could experience an expat-driven financial boom.
Relax the restrictions and let these wonderful people flourish. Posted by DaveH at March 3, 2013 8:18 PM
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