Cuba to allow sale of private homes for first time since revolution

Cuba plans to allow people to buy and sell their homes for the first time since the 1959 revolution brought Fidel Castro to power, the BBC reports.

The decision came during the first congress held by the ruling Communist Party in 14 years.

No details were released on how the new property sales could work, but President Raul Castro is likely to elaborate on a wide-range of economic refroms during a closing speech today in Havana, The Miami Herald reports.

Cubans currently can could only pass on their homes to their children, or work out complicated, and often corrupt, swaps, the BBC reports.

While loosening the power on sale of property, Castro warns that the concentration of property would not be allowed.

Fidel Castro, 84, wrote in an editorial in the party newspaper Monday that he embraces the economic reforms. He no longer holds an official government or party post.

With Castro’s departure from a party position. the person elected to fill the No. 2 spot will be a major clue as to the direction of the country, The Miami Herald notes.

www.cubaluxuryrent.com

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