Cuba Legalizes Purchase and Sale Of Private Property

Cuba Legalizes Purchase and Sale Of Private Property

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Cuba car building DirkvdM - CC photoCuba announced Thursday it is allowing the purchase and sale of real estate for the first time since the early days of the revolution, the most important reform yet in a series of free-market changes ushered in by President Raul Castro.

The change follows the legalization in October of the purchase and sale of cars. Castro has also allowed citizens to go into business for themselves in a number of approved jobs.

(READ the AP story at NPR)

Photo credit: DirkvdM – CC

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