Day

August 3, 2011

Cuba’s Housing Market

Investors (and non-Cubans) Not Wanted When Cuba legalizes buying and selling homes by end of the year — as the government promised again this week — [observers] expect a cascade of changes:   higher prices, mass relocation, property taxes and a flood of money from Cubans in the United States and around the world. –Damien Cave, “Cubans...
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“Stocks Down. Gold Up”

That’s today’s financial headline. Actually, that’s been the daily headline for the last week or so. Apparently, something about how the U.S. just got past its debt ceiling crisis – for now — didn’t sit well with global markets. Imagine that . . .
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